- Language: English
- 64 Pages
- Published: November 2011
- Region: Ghana
Summary: Greenfield Union School District (Monterey County), California; Appropriations; General Obligation May 11
- Published: May 2011
- Region: California
- Standard & Poors
Standard & Poor's Ratings Services assigned its 'A-' long-term rating to Greenfield Union School District (Monterey County), Calif.'s certificates of participation, or COPs (2011 Financing Project). At the same time, Standard & Poor's affirmed its 'A' underlying rating (SPUR) on the district's general obligation (GO) bonds outstanding. The outlook is stable. The ratings reflect our view of the district's: Good growth in enrollment levels during the past several years; Good financial position, as demonstrated by its good to very strong reserve levels; and Low debt burden. Partly offsetting these strengths is our view of the recent declines in district assessed value (AV) and a limited local economy that is primarily anchored in agriculture. The COPs represent an interest in the...
Companies mentioned in this report are: Greenfield Un Sch Dist (Monterey Cnty)
Action: New Rating
Action: Outlook: Stable
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Greenfield Un Sch Dist (Monterey Cnty)