- Language: English
- 88 Pages
- Published: November 2011
- Region: Canada, United States
Summary: California Community College Financing Authority West Valley-Mission Community College District; Appropriations; General Obligation Jul 11
- Published: July 2011
- Region: California
- Standard & Poors
Standard & Poor's Ratings Services assigned its 'AA-' long-term rating to the California Community College Financing Authority's series 2011B lease revenue bonds (direct-pay, taxable new clean renewable energy bonds), supported by payments from West Valley-Mission Community College District. In addition, Standard & Poor's affirmed its 'AA' long-term rating and underlying rating (SPUR) on the district's general obligation (GO) bonds and 'AA-' long-term rating on the district's appropriation obligations. The outlook on all ratings is stable. The ratings reflect our view of the district's: Participation in the deep and diverse economy of Silicon Valley and the greater San Francisco Bay Area; Good available general fund position following persistent budget pressures, supplemented by significant liquidity outside of the general fund; Good financial...
Companies mentioned in this report are: West Valley-Mission Comnty Coll Dist,California Comnty Coll Fincg Auth
Action: New Rating
Action: Outlook: Stable
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West Valley-Mission Comnty Coll Dist,California Comnty Coll Fincg Auth