0 CHECKOUT

Summary: Southwestern Community College District, California; General Obligation May 11

  • ID: 1802764
  • May 2011
  • Region: California
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services assigned its 'AA-' long-term rating to Southwestern Community College District, Calif.'s general obligation (GO) bonds, election 2008, series C. At the same time, Standard & Poor's affirmed its 'AA-' long-term and underlying (SPUR) ratings on the district's outstanding GO bonds. The outlook is stable. The rating reflects our opinion of the district's: Participation in the deep and diverse San Diego economic base; A large expansive tax base that has increased by 21% since fiscal 2006 despite recent declines; Strong financial performance, with a fiscal 2010 ending fund balance of $14.0 million, or 15% of expenditures; Operational flexibility provided by the ability to reduce class sections and curriculum if required (an operational feature not shared by...

Companies mentioned in this report are:
- Southwestern Comnty Coll Dist

Action: Affirmed
Action: New Rating
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 READ MORE >

Note: Product cover images may vary from those shown

- Southwestern Comnty Coll Dist

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

PLEASE SELECT A FORMAT

  • Quick Help: This Credit Rating Report will be emailed to you.

HAVE A QUESTION?

If you have a more general question about our products please try our

FAQ SECTION

RELATED PRODUCTS

Our Clients

  • Fluidigm Corporation
  • Apple, Inc.
  • CEVA Santé Animale
  • Abbott Laboratories Ltd.
  • Merck Group
  • Allergan Inc.
  • Pfizer, Inc.