The new construction was part of a state facilities construction assistance program that provided the district $19 million to offset the total $80 million project.
The three new Fairfield Schools opened simultaneously in September 2017.
Fairfield is the second Butler County school this month to see its bond rating rise. Earlier in October, Monroe Schools learned their rating had also increased.
Fairfield Board of Education President Michael Berding said members are happy with this latest financial news and credited veteran school district treasurer Nancy Lane for guiding the district’s finances into a higher rating.
“The board is thrilled with our latest Moody rating,” he said. “The improved rating is going to save the residents of Fairfield and Fairfield Township a significant amount of money. Mrs Lane has done a tremendous job of keeping the board informed about the school district’s finances so that the board can make sound decisions. While we would love to take all the credit for the improved rating, it is truly due to the work Mrs. Lane and her staff are doing.”