|
|
 |
|
Viewing report
|
|
|
|
Alamo Community College District, Texas; General Obligation Mar 07
Standard & Poors, March 2007
Abstract
Standard & Poor's Ratings Services assigned its 'AA' rating, and stable outlook, to Alamo Community College District, Texas' series 2007 limited-tax GO bonds. The rating reflects the district's: Deep, diverse property tax base, including the San Antonio, Texas, MSA, which is coterminous with Bexar County ('AA' GO debt rating, stable outlook); Strong assessed value (AV) growth of more than 47% over the past five years; Sound financial position with a diverse revenue stream, adequate state support for operations despite past tight state budgets, strong property tax growth, and solid reserves; Steady enrollment growth, with headcount enrollment increasing by 17% to about 75,000 between fiscals 2002 and 2007, and officials projecting enrollment to increase by another 14%, to more than 85,000,...
Companies mentioned in this report are: Alamo Comnty Coll Dist
Action: New Rating
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.
Research Type: Full Analysis
|
|
|
|
