New York, January 22, 2016 -- Moody's Investors Service has removed the provisional designation and assigned a definitive A1 rating on Miami-Dade School Board, FL's $66.4 million Certificates of Participation, Series 2016A and $56 million Certificates of Participation, Series 2016B. The COPs are secured by the board's annually-appropriated lease payments and are typically paid from, but not secured by, a portion of the district's capital outlay funds available for this purpose. There is no debt service reserve on this issue, the same as with all issues under the board's master lease. The outlook is stable.

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