0 CHECKOUT

Summary: Madison Area Technical College District, Wisconsin; General Obligation Mar 11

  • ID: 1817772
  • March 2011
  • Region: Wisconsin
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services assigned its 'AAA' rating, and stable outlook, to Madison Area Technical College District, Wis.' series 2010-2011C general obligation (GO) promissory notes and affirmed its 'AAA' rating, with a stable outlook, on the district's parity GO debt. The rating reflects our view of the district's: Sizable, diverse, and stable economic base with consistently low unemployment; Strong economic indicators; Stable financial operations, supported by very strong reserves, revenue-raising flexibility, and management's strong policies and procedures; and Low-to-moderate overall debt burden with rapid amortization. The district's unlimited-tax GO pledge secures the series 2010-2011C notes. Officials plan to use note proceeds to fund capital improvements, acquire equipment, and pay issuance costs. The 4,414-square-mile Madison Area Technical College District covers...

Companies mentioned in this report are:
- Madison Area Tech 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, READ MORE >

Note: Product cover images may vary from those shown

- Madison Area Tech 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.