MSN_060717
Malibu Surfside News 060717
Malibu Surfside News 060717
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
malibusurfsidenews.com school<br />
Malibu surfside news | June 7, 2017 | 15<br />
Moody’s upgrades SMMUSD’s general obligation bond credit<br />
Submitted by SMMUSD<br />
School News<br />
Belmont University<br />
Malibu native named to<br />
dean’s list<br />
Grace Netter, of Malibu,<br />
qualified for the spring<br />
2017 dean’s list at Belmont<br />
University. Eligibility<br />
is based on a minimum<br />
course load of 12 hours and<br />
a quality grade point average<br />
of 3.5 with no grade<br />
below a C.<br />
Approximately 30 percent<br />
of Belmont’s 7,700<br />
students qualified for<br />
the spring 2017 dean’s<br />
list. Belmont Provost Dr.<br />
Thomas Burns said, “This<br />
achievement for the spring<br />
semester indicates that<br />
these students have placed<br />
a high priority on their<br />
work at Belmont and have<br />
invested time and energy in<br />
their studies. It is our strong<br />
belief that consistent application<br />
in this manner will<br />
reap great benefits, which<br />
will equip them for a lifetime<br />
of learning and growing.”<br />
The Santa Monica-<br />
Malibu Unified School<br />
District recently received<br />
the top credit rating from<br />
Moody’s Investors Service.<br />
Moody’s upgraded the<br />
district’s general obligation<br />
bond credit rating one<br />
level, from ‘Aa1’ to ‘Aaa,’<br />
the highest possible rating<br />
an issuer can achieve.<br />
“We are so pleased to<br />
have reached Aaa,” said<br />
School Board President<br />
Laurie Lieberman, who<br />
participated in the presentation<br />
to the rating analysts.<br />
“Moody’s was particularly<br />
impressed with<br />
the level of support we<br />
receive from the community,<br />
and it is so gratifying<br />
to report this result back<br />
to our constituents!”<br />
Moody’s generally reviews<br />
four factors in assessing<br />
an issuer’s creditworthiness:<br />
(1) District<br />
finances, (2) District management,<br />
(3) District debt/<br />
pension obligations, and<br />
(4) local economy.<br />
Of these areas, the District<br />
has more control of<br />
its finances, management,<br />
and debt and an influence<br />
on its local economy.<br />
Moody’s noted the following<br />
as credit strengths:<br />
Oregon State University<br />
Malibu’s Lewis earns<br />
bachelor’s degree<br />
David D. Lewis, of Malibu,<br />
is to graduate from Oregon<br />
State Saturday, June<br />
17, with a bachelor of science<br />
degree in environmental<br />
sciences.<br />
The university’s commencement<br />
speaker is<br />
Hüsnü M. Özyeğin, who<br />
headed to Oregon State<br />
University in 1963 with<br />
only $100 in his pocket<br />
and graduated to become a<br />
highly successful business<br />
leader and philanthropist<br />
in Turkey and throughout<br />
Europe.<br />
OSU is one of the few<br />
large universities in the nation<br />
to hand out students’<br />
actual diplomas during the<br />
commencement ceremony.<br />
School News is compiled<br />
by Editor Lauren Coughlin,<br />
lauren@malibusurfsidenews.<br />
com.<br />
• Large, diverse and<br />
growing tax base<br />
• Very high resident<br />
wealth levels<br />
• Robust supplementary<br />
revenues bolstering financial<br />
position and per pupil<br />
resources<br />
• Strong reserves<br />
“A natural ‘Aaa’ rating<br />
is rare for a Local Control<br />
Accountability Plan<br />
(LCFF) district,” said Anthony<br />
Hsieh of Keygent,<br />
the district’s financial<br />
advisor. “We expect this<br />
rating upgrade to attract<br />
Thank you Malibu families, friends and businesses<br />
for supporting our annual<br />
Children's Creative Workshop Fundraiser<br />
on Sunday May 21, 2017<br />
Special thanks to the CCW parents who spent countless hours preparing for the event!<br />
Malibu Makos- Tom Corliss<br />
Spiritual Gangster - Walters Family<br />
Caesars Entertainment<br />
Jakks Pacific<br />
Agoura Hills Dance<br />
Chef Jayden<br />
Paradise Cove<br />
James Perse Clothing<br />
Dr. Richard Jacobson DMD<br />
Oakley<br />
Sheri Reingold- The Piano Place<br />
Randy Zisk<br />
Laetitia Winery<br />
Ring Security Company<br />
Hoorsenbuhs<br />
Beauty Collection Malibu<br />
Dru Jacobson & Family<br />
Paul Mitchel<br />
Galpin Rent-a-Car<br />
Malibu Seawolves Swimming<br />
Warrior Heart Karate<br />
Eterie Flower Crowns<br />
Malibu Wine Safari & Wine Hikes<br />
Brian Gallagher Dog Training<br />
Heather Wildman<br />
Malibu AYSO<br />
more investors and result<br />
in lower taxpayer costs.”<br />
The district has received<br />
a formal credit report<br />
from Moody’s, which will<br />
be disseminated to the investment<br />
community. The<br />
district’s rating was updated<br />
as part of its upcoming<br />
$60 million Measure ES<br />
general obligation bond<br />
issuance to fund projects<br />
in the district.<br />
The report can be<br />
viewed at www.smmusd.<br />
org/fiscal/FinancialRe<br />
ports.html.<br />
Travis Walker’s Double Cross<br />
Jewelry<br />
Dogeared Jewelry<br />
Joey Escobar Marital Arts<br />
Green Gorilla<br />
Heather Wildman Fitness<br />
Anawalt Lumber Malibu<br />
Melinda Roth Photography<br />
Point Dume PTA<br />
Wildlife Waystation<br />
Yongmei Hu<br />
Island Packers<br />
Lonnie Gordon<br />
Cie Sparks Salon<br />
Sicky Eyewear<br />
Letterpresse Jewelry<br />
Ultimate Escape Room Ventura<br />
Lisa Jo Cohen PhD<br />
Malibu Fitness<br />
Aviator Nation Malibu<br />
Alger Family<br />
Debbie Irwin Private Courts<br />
Barbie Herron’s Barbie’s Goods<br />
Six Flag Magic Mountain<br />
27 Miles Clothing Company<br />
Craig Mathew - iCracked<br />
Our Donors:<br />
Glamifornia Style Lounge<br />
Marmalade Cafe<br />
Soul Space<br />
Monarch National Training Center<br />
Soul Cycle<br />
Jamie Malibu<br />
Coffee Bean & Tea Leaf Malibu<br />
Buzz Wax Malibu<br />
Centre Barre<br />
Cronies<br />
DIY Center Agoura Hills<br />
Tova Malibu<br />
Dee Dee Davidson Porter<br />
Kerri Wilder Jewelry<br />
Pacific Park Santa Monica<br />
Super Soccer Stars<br />
Pure Barre Malibu<br />
Casa Escobar<br />
Duke’s Malibu<br />
Geoffrey’s Malibu<br />
Grom Gelato<br />
Juice Served Here<br />
Malibu Oasis Salon<br />
Nina Greenberg<br />
Old Place<br />
Paradise Cove Beach Café<br />
Pepperdine Athletics<br />
Sycamore Farms<br />
V’s<br />
5 Points Yoga Malibu<br />
Dry Bar<br />
Pinnacle<br />
Discovery Cube<br />
Hollywood Wax Museum<br />
Bubululu Malibu<br />
Aquarium of the Pacific<br />
Belefit Leggings<br />
Jinky’s Cage<br />
Kids World<br />
Sky High Sports<br />
Iceoplex SImi Valley<br />
Toy Crazy Malibu<br />
Burro<br />
Spruzzo Restaurant<br />
SQN Sportswear<br />
People Magazine<br />
The Play Destination<br />
Trader Joe’s Agoura Hills<br />
Paula Heintz<br />
Vintage Grocers<br />
Natural History Museum<br />
GO Pants LA<br />
Children’s Creative Workshop<br />
6955 Fernhill Drive, Malibu<br />
Shari Latta, Director • 310- 457-2937<br />
An inside look<br />
Point Dume students visit Stern at<br />
California State Capitol Building<br />
Point Dume Marine Science fourth-graders visit<br />
California Sen. Henry Stern, who represents Senate<br />
District 27, in the Senate Chambers at the California<br />
State Capitol Building. Photo Submitted<br />
Sorenity Rocks Malibu<br />
Drill Malibu<br />
Woodranch Agoura Hills<br />
Santa Barbara Zoo<br />
M Frederic Malibu<br />
Trancas Nursery<br />
Dick’s Sporting Goods<br />
Zulu Nyala Game Lodge<br />
Chance For Children<br />
Greg Bonan & Tai Collins<br />
Surfside News<br />
Ale & Doug Deluca<br />
Joanne Laskowski<br />
Graham Family<br />
Novotny Family<br />
Lari Family<br />
Sanchez Family<br />
Hemsworth Family<br />
Pappas Family<br />
Belzberg Family<br />
Parker/Brusnick Family<br />
Webb Family<br />
Ryan Family
Change language