0 CHECKOUT

Summary: Chaffey Community College District, California; General Obligation Jun 11

  • ID: 1835640
  • June 2011
  • Region: California
  • Standard & Poors

FEATURED COMPANIES

  • Chaffey Comnty Coll Dist
  • MORE

Abstract
Standard & Poor's Ratings Services affirmed its 'AA' long-term rating and underlying rating (SPUR), with a stable outlook, on Chaffey Community College District, Calif.'s general obligation (GO) debt. The rating reflects our view of the district's: Participation in a broad regional economy, coupled with, what we consider, adequate-to-very-strong income indicators and extremely strong per capita wealth indicators; Operational flexibility, provided by the ability to reduce class sections and curriculum, an operational feature not shared by K-12 districts and one that could allow the district to respond to state funding cuts; Maintenance of consistently very strong reserves during the past four fiscal years; and Low net debt burden with minimal additional capital needs. We believe recent state funding cuts, which put...

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

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 READ MORE >

Note: Product cover images may vary from those shown

- Chaffey 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.