• SELECT SITE CURRENCY
Select a currency for use throughout the site
Summary: Peralta Community College District, California; General Obligation Jan 07
Standard & Poors, January 2007
The 'AA-' and 'A+' Standard & Poor's underlying ratings (SPUR) on Peralta Community College District, Calif.'s various bonds reflect the district's: Strong economic base, with full participation in the San Francisco Bay Area economy and above-average income indicators; Large, diverse, and expanding property tax base; and Satisfactory financial operations and reserve levels. These rating strengths are tempered by a high overall debt burden. The district's authority to annually levy unlimited ad valorem taxes to repay debt service secures the GO bonds. The other postemployment benefit (OPEB) bonds are absolute and unconditional obligations of the district. Peralta Community College District encompasses 78 square miles in northwestern Alameda County, with a population of 625,725, or about 42% of county population. Peralta Community...
Companies mentioned in this report are: Peralta Comnty Coll Dist
Action: Outlook: Stable
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 rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.
Peralta Comnty Coll Dist