Report

Moody's Ratings upgrades Grand Forks Park District, ND's lease bonds to Aa3 from A1; affirms Aa2 on the issuer and GOULT

Moody's Ratings (Moody's) has upgraded Grand Forks Park District, ND's lease appropriation bonds to Aa3 from A1 and affirmed the district's Aa2 issuer and general obligation unlimited tax ratings. This action concludes a review that was initiated on December 9th, 2025 in conjunction with the relea...
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Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
    11,000 corporate issuers
    21,000 public finance issuers
    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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