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Summary: Humble Indpt Sch Dist, TX; Tax Secured, School State Program May 02

  • ID: 1754550
  • May 2002
  • Standard & Poors

The 'AAA' long-term rating on Humble Independent School District, Texas' bonds reflects the Texas Permanent School Fund guarantee. The 'A+' Standard & Poor's underlying rating (SPUR) on the district's unenhanced debt reflects the district's: Participation in the strong and growing Houston area economy, Strong administrative management, and Satisfactory financial performance. Offsetting these strengths is a very high debt burden and ongoing capital needs. Humble Independent School District is a primarily residential community centered on the city of Humble, which is approximately 15 miles northeast of downtown Houston. The district also includes a portion of Houston. The district benefits from the strong and diverse regional economy. Income levels are slightly above the national average. Assessed value growth has been strong, increasing...

Companies mentioned in this report are:
- Humble Indpt Sch Dist

Action: New Rating

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- Humble Indpt Sch Dist

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