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Summary: Adams & Weld Counties School District No. 27J (Brighton), Colorado; School State Program Jun 11

Description:
Abstract
Standard & Poor's Ratings Services affirmed its 'AA-' program rating and 'A' school issuer credit rating (ICR), with a stable outlook, on Adams & Weld Counties School District No. 27J (Brighton), Colo.'s general obligation (GO) bonds. The 'AA-' program rating reflects the Colorado state aid withholding provision created under Colorado Revised Statutes, Section 22-41-110. Under this provision, if the school district indicates it will not make full payment on the bonds, the state treasurer will forward the amount necessary in immediately available funds to the paying agent to be applied only to debt service. The ICR reflects our view of the district's: Access to, and participation in, the large and diverse Denver economy, coupled with, what we consider, strong income...

Companies mentioned in this report are: Adams & Weld Cntys Sch Dist #27J Brighton
Action: Affirmed
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.
 
Companies Mentioned
Adams & Weld Cntys Sch Dist #27J Brighton
 
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