- Language: English
- 128 Pages
- Published: January 2012
- Region: Global, United States
Summary: King County School District No. 403 (Renton), Washington; School State Program Aug 11
- Published: August 2011
- Region: Washington
- Standard & Poors
Standard & Poor's Ratings Services assigned its 'AA+' long-term rating to King County School District No. 403 (Renton), Wash.'s series 2011 unlimited-tax general obligation (GO) bonds. This rating reflects the district's participation in the Washington School Bond Guarantee Program. In addition, Standard & Poor's assigned its 'AA-' issuer credit rating (ICR) to the district. Standard & Poor's also affirmed its 'AA+' long-term rating and underlying rating (SPUR) and its 'AA-' ICR on the district's GO bonds outstanding. The outlook on all ratings is stable. The ICR reflects our view of the district's: Participation in the broad Seattle-Tacoma MSA economy, Strong income indicators and very strong tax base despite recent declines, Recently improved general fund performance and good available reserve levels,...
Companies mentioned in this report are: King Cnty Sch Dist #403 Renton
Action: New Rating
Action: Outlook: Stable
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King Cnty Sch Dist #403 Renton