Standard & Poors' Global Ratings
Standard & Poor's Financial Services LLC (S&P) is an American financial services company. It is a division of S&P Global that publishes financial research and analysis on stocks, bonds, and commodities. S&P provides the world-wide banking industry with what amounts to the credit score for municipalities like Eastport-South Manor CSD. The rating ESM receives from S&P is important because it reflects the District's credit-worthiness. If the District's credit is strong, then it will receive better interest rates when it borrows money. Lower interest rates means the District saves money.
Below are S&P's reports from January 22, 2018, May 7, 2019 and July 30, 2020. These reports reflect ESM's credit rating. If you have any questions, please feel free to email Assistant Superintendent for Business and Operations Tim Laube at firstname.lastname@example.org or call at 631-801-3001.