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Summary: Mansfield Indpt Sch Dist, TX; General Obligation, Schools State Permanent Fund May 00

  • ID: 1784554
  • May 2000
  • Standard & Poors


  • Mansfield Indpt Sch Dist
  • MORE

The 'AAA' rating on Mansfield Independent School District, Texas' GO bonds is based on the security of the Texas Permanent School Fund guarantee. The upgrade on the district's Standard & Poor's underlying rating (SPUR) is based on: Improved financial performance despite growth pressures, Strong management, and Strong assessed value (AV) growth. The SPUR rating reflects the district's GO pledge. Credit factors include the district's: Location in the rapidly growing Forth Worth economic area, leading to strong tax base growth; High income levels; and Strong financial performance despite growth pressures. The rating is constrained by a high debt burden with considerable future needs. The district is southeast of Fort Worth and includes the northern edge of Arlington, allowing local residents access...

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

Action: New Rating

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit READ MORE >

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- Mansfield Indpt Sch Dist

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown


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