New York, March 20, 2014 -- Moody's Investors Service has upgraded to A2 from A3 the rating on Mount Vernon-Enola School District 41's (AR) outstanding General Obligation Limited Tax bonds. In addition, we have upgraded to Aa3 from A1 the enhanced rating on the bonds. This action concludes a review for possible upgrade that Moody's had initiated on January 15, 2014 in conjunction with our new local government general obligation methodology. The upgrade affects $3.8 million in outstanding debt.
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