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Summary: China Spring Independent School District, Texas; School State Program Oct 11 Product Image

Summary: China Spring Independent School District, Texas; School State Program Oct 11

  • Published: October 2011
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services assigned its 'AAA' program rating and 'A' school issuer credit rating (ICR) and stable outlook to China Spring Independent School District, Texas' series 2011 unlimited-tax general obligation (GO) refunding bonds and affirmed its 'AAA' program rating and 'A' ICR, with a stable outlook, on the district's existing GO debt. The 'AAA' program rating reflects our view of the district's eligibility for, and participation in, the Texas Permanent School Fund bond guarantee program, which provides the security of a permanent fund of assets the district can use to meet debt service on program-guaranteed bonds. The ICR reflects our view of the district's: Inclusion in the diverse and stable Waco metropolitan statistical area (MSA) economy, boosting wealth...

Companies mentioned in this report are: China Spring Indpt Sch Dist,Texas Perm Sch Fd
Action: Affirmed
Action: New Rating
Action: Outlook: Stable

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China Spring Indpt Sch Dist,Texas Perm Sch Fd

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