Summary: Lawrence & Crawford Counties Community Unit School District No. 20 (Lawrenceville), Illinois; General Obligation Sep 11

Standard & Poors, September 2011

Abstract
Standard & Poor's Ratings Services has assigned its 'A' long-term rating and stable outlook to Lawrence and Crawford Counties Community Unit School District No. 20 (Lawrenceville), Ill.'s series 2011 general obligation (GO) school bonds and affirmed its 'A' long-term rating on the district's existing GO bonds, reflecting the district's: Stable local economy, marked by mostly steady tax base and enrollment trends and good employment opportunities located both within and near district limits; Positive trends in financial performance, leading to strong reserves, albeit on a cash basis of accounting; and Moderate overall debt burden with no additional debt plans. The district's below-average wealth and income levels partially offset these strengths, as do rate caps on the district's property tax levy, which...

Companies mentioned in this report are: Lawrence & Crawford Cnties Comnty Unit Sch Dist #20 Lawrenceville
Action: Affirmed
Action: New Rating
Action: Outlook: Stable
Action: Withdrawn

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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.

Lawrence & Crawford Cnties Comnty Unit Sch Dist #20 Lawrenceville

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