Summary: Pettis County School District R-V Hughesville, Missouri; School State Program Nov 11

Standard & Poors, November 2011

Abstract
Standard & Poor's assigned its 'AA+' rating, and stable outlook, to Pettis County R-V School District R-V Hughesville, Mo.'s series 2011 general obligation (GO) refunding bonds. Standard & Poor's also affirmed its 'AA+' rating on the district's series 2007 bonds. The outlook is stable. The 'AA+' rating reflects what we view as the district's eligibility for and participation in the Missouri Direct Deposit of State Aid Program, in which the state makes direct deposits of portions of monthly state aid payments to a bond trustee The state aid program, which enhances local school district GO bonds, provides for a first-dollar claim on monthly state aid, which will be directly deposited to a master bond trustee. State aid covers maximum annual...

Companies mentioned in this report are: Pettis Cnty Sch Dist R-V Hughesville
Action: Affirmed
Action: New Rating
Action: Outlook: Stable

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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.

Pettis Cnty Sch Dist R-V Hughesville

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