Compiled from MSRB EMMA & public records · read-only public record · latest filing Aug 20, 2026
Bonds issued for
Schools & education
Credit ratings
not compiledNo agency ratings have been compiled for this issuer from EMMA’s per-security feed. This is a coverage gap, not a statement that the issuer is unrated — ratings may be stated on the official statements or the rating agencies’ own sites.
Recent activity
rating actions & filingsQuarterly / Monthly Financial Information filed
Aug 20, 2026 · Quarterly / Monthly Financial Information: 2026 July Commuter R…
Quarterly / Monthly Financial Information filed
Aug 10, 2026 · Quarterly / Monthly Financial Information: 2026 Q3 Unaudited Fi…
Quarterly / Monthly Financial Information filed
Jul 20, 2026 · Quarterly / Monthly Financial Information: 2026 June Commuter R…
Audited Financial Statements or ACFR filed
Jul 2, 2026 · Audited Financial Statements or ACFR: 2025 Notice of Filing Una…
Failure to Provide Annual Financial Information filed
Jun 30, 2026 · Failure to Provide Annual Financial Information: Failure to Pro…
Quarterly / Monthly Financial Information filed
Jun 29, 2026 · Quarterly / Monthly Financial Information: 2026 March Quarterly…
Debt overview
EMMA-derivedOutstanding par (EMMA est.)—
Securities—
Callable—
No outstanding securities compiled from EMMA’s per-security feed for this issuer — a coverage gap or none currently outstanding, not necessarily debt-free. Check EMMA ↗
Recent rating actions
Moody's · S&P · Fitch · KBRA
S&P
00% Senior Secured Notes due 2030 CUSIPs: 093536 AA8 and U08914 AA8* $925,000,000 Florida Development Finance Corporation Revenue B…
Mar 17, 2026
Downgrade
C → CCC-
S&P
219 billion senior secured debt guaranteed by Assured Guaranty Municipal (AGM) to 'CCC-' from 'CCC'.
Mar 5, 2026
Withdrawn
C → CCC-
Outlook Negative
KBRA
2 Billion Revenue Bonds to CCC+ From BB New York (February 6, 2026) KBRA downgrades to CCC+ from BB its ratings for the Florida Dev…
Feb 6, 2026
Downgrade
BB → CCC+
Outlook Negative
Fitch
announced that it downgraded its rating on the Series 2024 Tax-Exempt Bonds to “CCC” from “B”.
Jan 16, 2026
Downgrade
B → CCC
S&P
00% Senior Secured Notes due 2030 CUSIPs: 093536 AA8 and U08914 AA8* $925,000,000 Florida Development Finance Corporation Revenue B…
Dec 26, 2025
Downgrade
BB- → CCC
KBRA
00% Senior Secured Notes due 2030 CUSIPs: 093536 AA8 and U08914 AA8* $925,000,000 Florida Development Finance Corporation Revenue B…
Aug 8, 2025
Downgrade
BBB → BB
Fitch
announced that it downgraded its rating on the Series 2024 Tax-Exempt Bonds to “B” from “BB+”.
Jul 30, 2025
Downgrade
BB+ → B
S&P
00% Senior Secured Notes due 2030 CUSIPs: 093536 AA8 and U08914 AA8* $925,000,000 Florida Development Finance Corporation Revenue B…
Jun 13, 2025
Downgrade
BBB- → BB+
S&P
Brightline Trains Florida LLC Senior Debt Rating Lowered To ‘BB-’; Outlook Negative View Analyst Contact Information • S&P Global R…
May 29, 2025
Downgrade
BB+ → BB-
Outlook Negative
Fitch
announced that it downgraded its rating on the Series 2024 Tax-Exempt Bonds to “BB+” from “BBB-”.
May 7, 2025
Downgrade
BBB- → BB+
Rating actions as disclosed by the issuer to the MSRB’s EMMA system under SEC Rule 15c2-12; the ratings are the opinions of the respective rating agencies (Moody's, S&P Global Ratings, Fitch Ratings, KBRA). Dates are the rating-action dates stated in each notice.
Document library
64 documents · sourced from EMMA & the issuer
F
Annual Data
2026 July Commuter Rail Service Development Update - Brightline Florida Holdings
Annual / Operating DataAug 2026
Annual DataEMMA · disclosure
F
Annual Data
2026 Q3 Unaudited Financials
Annual / Operating DataAug 2026
Annual DataEMMA · disclosure
F
Annual Data
2026 4th Quarter Report & Certification-Learning Gate Community School
Annual / Operating DataAug 2026
Annual DataEMMA · disclosure
F
Annual Data
2026 June Commuter Rail Service Development Update - Brightline Florida Holdings
Annual / Operating DataJul 2026
Annual DataEMMA · disclosure
F
Financial
2025 Notice of Filing Unaudited Financial Statements - Brightline Trains Florida LLC
Financial ReportsJul 2026
FinancialEMMA · disclosure
F
Financial
2025 Annual Report (Unaudited) - Brightline Florida Holdings
Financial ReportsJul 2026
FinancialEMMA · disclosure
F
Annual Data
Failure to Provide Annual Financial Information: Failure to Provide
Annual / Operating DataJun 2026
Annual DataEMMA · disclosure
F
Annual Data
2026 March Quarterly Report - Brightline Trains Florida, LLC
Annual / Operating DataJun 2026
Annual DataEMMA · disclosure
F
Annual Data
2026 May Commuter Rail Service Development Update - Brightline Florida Holdings
Annual / Operating DataJun 2026
Annual DataEMMA · disclosure
F
Annual Data
2026 April Commuter Rail Service Development Update - Brightline Florida Holdings
Annual / Operating DataMay 2026
Annual DataEMMA · disclosure
F
Budget
Budget: 2026-2027 Approved Annual Budget
BudgetsMay 2026
BudgetEMMA · disclosure
F
Annual Data
2026 3rd Quarter Report & Certification-Learning Gate Community School
Annual / Operating DataMay 2026
Annual DataEMMA · disclosure
F
Annual Data
2026 Q2 Unaudited Financials
Annual / Operating DataMay 2026
Annual DataEMMA · disclosure
F
Annual Data
Q3 Bond Report
Annual / Operating DataMay 2026
Annual DataEMMA · disclosure
F
Financial
2025 Audited Financial Statements - Brightline Trains Florida LLC
Financial ReportsApr 2026
FinancialEMMA · disclosure
F
Annual Data
2026 March Commuter Rail Service Development Update - Brightline Florida Holdings
Annual / Operating DataApr 2026
Annual DataEMMA · disclosure
F
Annual Data
2026 February Commuter Rail Service Development Update - Brightline Florida Holdings
Annual / Operating DataMar 2026
Annual DataEMMA · disclosure
F
Credit
2025 Annual Bond Reporting
Credit & RatingsFeb 2026
CreditEMMA · disclosure
F
Annual Data
2026 January Commuter Rail Service Development Update - Brightline Florida Holdings
Annual / Operating DataFeb 2026
Annual DataEMMA · disclosure
F
Annual Data
Q4 Bond Reporting
Annual / Operating DataFeb 2026
Annual DataEMMA · disclosure
F
Annual Data
Q3 Bond Reporting
Annual / Operating DataFeb 2026
Annual DataEMMA · disclosure
F
Annual Data
2026 Q1 Unaudited Financials
Annual / Operating DataFeb 2026
Annual DataEMMA · disclosure
F
Annual Data
2026 2nd Quarter Report & Certification-Learning Gate Community School
Annual / Operating DataFeb 2026
Annual DataEMMA · disclosure
F
Financial
2025 Audited Financial Statements - LGI
Financial ReportsFeb 2026
FinancialEMMA · disclosure
F
Annual Data
2025 December Commuter Rail Service Development Update - Brightline Florida Holdings
Annual / Operating DataJan 2026
Annual DataEMMA · disclosure
F
Annual Data
2025 September Quarterly Report - Brightline Trains Florida, LLC
Annual / Operating DataDec 2025
Annual DataEMMA · disclosure
F
Annual Data
Other Financial / Operating Data: Notice of Monthly Commuter Bond Investor Call
Annual / Operating DataDec 2025
Annual DataEMMA · disclosure
F
Financial
2025 Audited Financial Statements-Learning Gate Community School
Financial ReportsDec 2025
FinancialEMMA · disclosure
F
Credit
2025 Annual Report with Certification -Learning Gate Community School
Credit & RatingsDec 2025
CreditEMMA · disclosure
F
Other
Other Financial / Operating Data: Notice of Investor Conference Call - Learning Gate Comm…
Other FilingsDec 2025
OtherEMMA · disclosure
F
Annual Data
2025 November Commuter Rail Service Development Update - Brightline Florida Holdings
Annual / Operating DataDec 2025
Annual DataEMMA · disclosure
F
Annual Data
2025 October Commuter Rail Service Development Update - Brightline Florida Holdings
Annual / Operating DataNov 2025
Annual DataEMMA · disclosure
F
Annual Data
2026 1st Quarter Report & Certification-Learning Gate Community School
Annual / Operating DataNov 2025
Annual DataEMMA · disclosure
F
Annual Data
2026 1st Quarter Report & Certification-Learning Gate Community School
Annual / Operating DataNov 2025
Annual DataEMMA · disclosure
F
Annual Data
Other Financial / Operating Data: Notice of Monthly Commuter Bond Investor Call
Annual / Operating DataOct 2025
Annual DataEMMA · disclosure
F
Annual Data
2025 Issued Financial Statements
Annual / Operating DataOct 2025
Annual DataEMMA · disclosure
F
Annual Data
2025 September Commuter Rail Service Development Update - Brightline Florida Holdings
Annual / Operating DataOct 2025
Annual DataEMMA · disclosure
F
Annual Data
Other Financial / Operating Data: Notice of Monthly Commuter Bond Investor Call
Annual / Operating DataSep 2025
Annual DataEMMA · disclosure
F
Annual Data
2025 August Commuter Rail Service Development Update - Brightline Florida Holdings
Annual / Operating DataSep 2025
Annual DataEMMA · disclosure
F
Annual Data
2025 July Commuter Rail Service Development Update - Brightline Florida Holdings
Annual / Operating DataAug 2025
Annual DataEMMA · disclosure
F
Annual Data
2025 Q3 Unaudited Financials
Annual / Operating DataAug 2025
Annual DataEMMA · disclosure
F
Other
Other Financial / Operating Data: Incorporate OS by Reference
Other FilingsAug 2025
OtherEMMA · disclosure
F
Annual Data
2025 4th Quarter Report & Certification-Learning Gate Community School
Annual / Operating DataAug 2025
Annual DataEMMA · disclosure
F
Annual Data
2025 June Commuter Rail Service Development Update - Brightline Florida Holdings
Annual / Operating DataJul 2025
Annual DataEMMA · disclosure
F
Financial
2024 Notice of Filing Unaudited Financial Statements - Brightline Trains Florida LLC
Financial ReportsJun 2025
FinancialEMMA · disclosure
F
Financial
2024 Annual Report (Unaudited Financial Statements) - Brightline Florida Holdings)
Financial ReportsJun 2025
FinancialEMMA · disclosure
F
Annual Data
2025 May Commuter Rail Service Development Update - Brightline Florida Holdings
Annual / Operating DataJun 2025
Annual DataEMMA · disclosure
F
Annual Data
Other Financial / Operating Data: Notice of Quarterly Investor Call Presentation May 2025
Annual / Operating DataMay 2025
Annual DataEMMA · disclosure
F
Annual Data
2025 April Commuter Rail Service Development Update - Brightline Florida Holdings
Annual / Operating DataMay 2025
Annual DataEMMA · disclosure
F
Budget
Budget: 2025-2026 Approved Annual Budget
BudgetsMay 2025
BudgetEMMA · disclosure
F
OS
REVENUE BONDS (BRIGHTLINE FLORIDA PASSENGER RAIL EXPANSION PROJECT), SERIES 2023A
Official StatementsMar 2023
OSEMMA · official statement
F
OS
REVENUE BONDS (BRIGHTLINE FLORIDA PASSENGER RAIL EXPANSION PROJECT), SERIES 2022A (GREEN …
Official StatementsAug 2022
OSEMMA · official statement
F
OS
REVENUE BONDS (BRIGHTLINE FLORIDA PASSENGER RAIL EXPANSION PROJECT), SERIES 2021A
Official StatementsJun 2022
OSEMMA · official statement
F
OS
REVENUE BONDS (BRIGHTLINE FLORIDA PASSENGER RAIL EXPANSION PROJECT), SERIES 2021A
Official StatementsDec 2021
OSEMMA · official statement
F
OS
REVENUE BONDS (BRIGHTLINE FLORIDA PASSENGER RAIL EXPANSION PROJECT), SERIES 2021A
Official StatementsDec 2021
OSEMMA · official statement
F
OS
TAX-EXEMPT REVENUE AND REFUNDING BONDS (LEARNING GATE COMMUNITY SCHOOL PROJECT), SERIES 2…
Official StatementsJun 2018
OSEMMA · official statement
F
OS
TAX-EXEMPT AND TAXABLE SENIOR LIEN REVENUE BONDS SERIES 2017 (PALM BAY ACADEMY, INC. PROJ…
Official StatementsFeb 2017
OSEMMA · official statement
F
OS
TAX EXEMPT REVENUE BONDS, SERIES 2012 (SCULPTOR CHARTER SCHOOL PROJECT)
Official StatementsFeb 2012
OSEMMA · official statement
F
OS
TAX EXEMPT REVENUE BONDS, SERIES 2012 (SCULPTOR CHARTER SCHOOL PROJECT)
Official StatementsFeb 2012
OSEMMA · official statement
F
OS
SCULPTOR CHARTER PJ-B
Official StatementsSep 2008
OSEMMA · official statement
F
OS
REV BDS SCULPTOR CHARTER SCHOOL PJ SERIES 2008A
Official StatementsSep 2008
OSEMMA · official statement
F
OS
CHARTER SCH REV BDS PALM BAY ACADEMY A
Official StatementsSep 2007
OSEMMA · official statement
F
OS
TAXABLE-LEARNING GATE CMNTY-B
Official StatementsAug 2007
OSEMMA · official statement
F
OS
REV BDS LEARNING GATE COMMUNITY SCH 2007-A
Official StatementsAug 2007
OSEMMA · official statement
Annual / Operating Data
2026 July Commuter Rail Service Development Update - Brightline Florida Holdings
2026 Q3 Unaudited Financials
2026 4th Quarter Report & Certification-Learning Gate Community School
2026 June Commuter Rail Service Development Update - Brightline Florida Holdings
Failure to Provide Annual Financial Information: Failure to Provide
2026 March Quarterly Report - Brightline Trains Florida, LLC
2026 May Commuter Rail Service Development Update - Brightline Florida Holdings
2026 April Commuter Rail Service Development Update - Brightline Florida Holdings
2026 3rd Quarter Report & Certification-Learning Gate Community School
2026 Q2 Unaudited Financials
Q3 Bond Report
2026 March Commuter Rail Service Development Update - Brightline Florida Holdings
2026 February Commuter Rail Service Development Update - Brightline Florida Holdings
2026 January Commuter Rail Service Development Update - Brightline Florida Holdings
Q4 Bond Reporting
Q3 Bond Reporting
2026 Q1 Unaudited Financials
2026 2nd Quarter Report & Certification-Learning Gate Community School
2025 December Commuter Rail Service Development Update - Brightline Florida Holdings
2025 September Quarterly Report - Brightline Trains Florida, LLC
Other Financial / Operating Data: Notice of Monthly Commuter Bond Investor Call
2025 November Commuter Rail Service Development Update - Brightline Florida Holdings
2025 October Commuter Rail Service Development Update - Brightline Florida Holdings
2026 1st Quarter Report & Certification-Learning Gate Community School
2026 1st Quarter Report & Certification-Learning Gate Community School
Other Financial / Operating Data: Notice of Monthly Commuter Bond Investor Call
2025 Issued Financial Statements
2025 September Commuter Rail Service Development Update - Brightline Florida Holdings
Other Financial / Operating Data: Notice of Monthly Commuter Bond Investor Call
2025 August Commuter Rail Service Development Update - Brightline Florida Holdings
2025 July Commuter Rail Service Development Update - Brightline Florida Holdings
2025 Q3 Unaudited Financials
2025 4th Quarter Report & Certification-Learning Gate Community School
2025 June Commuter Rail Service Development Update - Brightline Florida Holdings
2025 May Commuter Rail Service Development Update - Brightline Florida Holdings
Other Financial / Operating Data: Notice of Quarterly Investor Call Presentation May 2025
2025 April Commuter Rail Service Development Update - Brightline Florida Holdings
Credit & Ratings
2025 Annual Bond Reporting
2025 Annual Report with Certification -Learning Gate Community School
Financial Reports
2025 Notice of Filing Unaudited Financial Statements - Brightline Trains Florida LLC
2025 Annual Report (Unaudited) - Brightline Florida Holdings
2025 Audited Financial Statements - Brightline Trains Florida LLC
2025 Audited Financial Statements - LGI
2025 Audited Financial Statements-Learning Gate Community School
2024 Notice of Filing Unaudited Financial Statements - Brightline Trains Florida LLC
2024 Annual Report (Unaudited Financial Statements) - Brightline Florida Holdings)
Official Statements
REVENUE BONDS (BRIGHTLINE FLORIDA PASSENGER RAIL EXPANSION PROJECT), SERIES 2023A
REVENUE BONDS (BRIGHTLINE FLORIDA PASSENGER RAIL EXPANSION PROJECT), SERIES 2022A (GREEN BONDS)
REVENUE BONDS (BRIGHTLINE FLORIDA PASSENGER RAIL EXPANSION PROJECT), SERIES 2021A
REVENUE BONDS (BRIGHTLINE FLORIDA PASSENGER RAIL EXPANSION PROJECT), SERIES 2021A
REVENUE BONDS (BRIGHTLINE FLORIDA PASSENGER RAIL EXPANSION PROJECT), SERIES 2021A
TAX-EXEMPT REVENUE AND REFUNDING BONDS (LEARNING GATE COMMUNITY SCHOOL PROJECT), SERIES 2018A
TAX-EXEMPT AND TAXABLE SENIOR LIEN REVENUE BONDS SERIES 2017 (PALM BAY ACADEMY, INC. PROJECT)
TAX EXEMPT REVENUE BONDS, SERIES 2012 (SCULPTOR CHARTER SCHOOL PROJECT)
TAX EXEMPT REVENUE BONDS, SERIES 2012 (SCULPTOR CHARTER SCHOOL PROJECT)
SCULPTOR CHARTER PJ-B
REV BDS SCULPTOR CHARTER SCHOOL PJ SERIES 2008A
CHARTER SCH REV BDS PALM BAY ACADEMY A
TAXABLE-LEARNING GATE CMNTY-B
REV BDS LEARNING GATE COMMUNITY SCH 2007-A
No documents match your search.
Disclosure record
358 continuing-disclosure filings compiled
Latest filing within the past year · Aug 2026
Public documents
64Public contact
Not listed358 continuing-disclosure filings compiled
Latest filing within the past year · latest posting 2026-08-20
Counts what BondGov has compiled from the MSRB’s EMMA — a coverage fact, not a compliance rating or a days-late claim. Contact routes show as on file only; the address itself is never published here. Verify on EMMA ↗
Standing
as of Sep 11, 2026What the public record shows about this issuer’s disclosure practice. Compiled from the MSRB’s EMMA and from award letters governments record themselves. MuniPro confers no credential and issues no rating.
Credentials on record
Conferred by GFOA, recorded from the award letter. Never inferred.
Certificate of Achievement for Excellence in Financial Reporting
No receipt on file
Distinguished Budget Presentation Award
No receipt on file
Popular Annual Financial Reporting Award
No receipt on file
Nothing recorded here means nothing has been recorded — not that an award was withheld.
Dated obligations
Filings a law or contract puts a date on.
Not measured
MuniPro does not hold this issuer’s own continuing-disclosure undertaking date, so no filing is called late here. Why →
Record quality
Disclosure practice — not an assessment of creditworthiness.
Annual reporting compiled
0 of 5
0 of 5 reporting years (2021–2025) have an annual financial filing compiled from the MSRB’s EMMA. The denominator is MuniPro’s 5-year reading window — it is NOT a filing obligation, and a missing year here means no filing was compiled, not that one was owed and skipped.
Record freshness
Within the past year
The newest continuing-disclosure filing MuniPro has compiled for this issuer was posted 22 days ago. This is the age of the public record — it is not a lateness claim, because MuniPro does not hold the date this issuer’s undertaking sets.
Filing timeliness
Not measured
Timeliness needs the date this issuer’s own continuing-disclosure undertaking sets. MuniPro does not hold it, and will not substitute a generic interval.
Standing describes disclosure practice — not an assessment of creditworthiness. It is not a rating, a rank against other governments, or a MuniPro credential. See the full computation →