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Summary: Muscogee County School District, Georgia; School State Program Mar 10 Product Image

Summary: Muscogee County School District, Georgia; School State Program Mar 10

  • ID: 1952385
  • March 2010
  • Region: Georgia
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services assigned its 'AA+' rating to Muscogee County School District, Ga.'s general obligation sales tax bonds series 2010 based on the security provided by the Georgia State Aid Intercept Program. Additionally, we assigned an issuer credit rating of 'AA' to the bonds. In our opinion, the rating reflects the district's: Diverse and growing economic base supported by the presence of the Fort Benning Military Reservation; Steady tax base growth; Strong financial position; and Low debt burden. The full faith and credit of the school district, with additional security from the Georgia State Aid Intercept Program provides, secures the bonds. The district will use proceeds to fund various capital improvements, including some new elementary, middle, and high...

Companies mentioned in this report are: Muscogee Cnty Sch Dist
Action: New Rating
Action: Outlook: Stable

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