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Summary: Hilliard City School District, Ohio; General Obligation Sep 09 Product Image

Summary: Hilliard City School District, Ohio; General Obligation Sep 09

  • Published: September 2009
  • Region: Ohio
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services assigned its 'AA' rating and stable outlook to Hilliard City School District, Ohio's unlimited-tax general obligation (GO) school improvement bonds, series 2009A, and school improvement refunding bonds, series 2009B. The rating reflects the district's: Participation in the deep and diverse Columbus, Ohio metropolitan area economy; Strong wealth and very strong income levels; Solid financial operations with very strong reserve levels; and Moderate debt levels. The district's mixed voter history is a limiting rating factor. The series 2009A bonds are being issued to refund notes previously issued for the purpose of improving, constructing, reconstructing, renovating, remodeling, enlarging, furnishing and equipping school buildings and facilities. The series 2009B bonds are being issued to refund certain principal maturities...

Companies mentioned in this report are:
- Hilliard City Sch Dist

Action: Affirmed
Action: New Rating
Action: Outlook: Stable

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- Hilliard City Sch Dist

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