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Summary: Johnson Cnty Unif Sch Dist #233 Olathe, KS; General Obligation, School District Jan 99 Product Image

Summary: Johnson Cnty Unif Sch Dist #233 Olathe, KS; General Obligation, School District Jan 99

  • ID: 1751013
  • January 1999
  • Standard & Poors

Abstract
The rating on Johnson County Unified School District No. 233 (Olathe), Kan.'s bonds reflects: * The strong, diverse economy of the Kansas City MSA, * Strong assessed value (AV) growth, and * A stable financial position. The positive factors are mitigated by a very high debt burden and weakened financial flexibility caused by state-required reductions in cash balances and revenue limits. The bonds are secured by the district's full faith and credit pledge. The district serves central Johnson County, including most of the city of Olathe, parts of the cities of Overland Park and Lenexa, and some unincorporated areas in the southwest part of the Kansas City MSA. Residential development has been strong due to access to the region's diverse...

Companies mentioned in this report are:
- Johnson Cnty Unif Sch Dist #233-Olathe

Action: Affirmed

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- Johnson Cnty Unif Sch Dist #233-Olathe

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