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  1. Fitch Affirms Modesto City School District, CA's GOs at 'AA-'; Outlook StableRead the original story

    Jan 21, 2015 | Information Technology

    SOUND FINANCIAL PERFORMANCE: Prudent financial management during the recession and subsequent improvements to education funding have positioned the district well financially. Fitch expects the district will draw down its currently high general fund balance to more modest levels for implementation of the new common core curriculum, deferred capital spending, employee remuneration increases, and the creation of a rainy day reserve.

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