It's good news for Midland taxpayers.
The Midland School District has been given a higher bond rating by Standard and Poor's.
A double "A".
So what does that mean?
When a school district gets a higher rating, they're eligible for lower interest rates, and that translates into less money taxpayers have to shell out.
It also puts the district in a more favorable light when they're competing with other school districts trying to sell bonds.