Socorro Independent School District has seen its credit rating improved from negative to stable by Moody's. This upgrade reflects significant financial progress made over the past two years. The district achieved this by implementing budget cuts and workforce reductions. These difficult decisions included eliminating approximately 150 positions through layoffs and incentive programs. The improved rating provides the district with greater financial flexibility and demonstrates responsible stewardship of taxpayer funds.
El Paso, Texas
https://www.elpasotimes.com/story/news/education/2026/08/11/sisd-earns-stable-moodys-outlook-after-years-of-job-cuts/91198066007/