Summary: Oklahoma A&M Colleges Board of Regents Connors State College; Junior/Community College Nov 12
- Language: English
- Published: November 2012
- Region: Oklahoma
Standard & Poor's Ratings Services has affirmed its 'A' long-term rating and underlying rating (SPUR) on Oklahoma City Community College Board of Regents, Okla.'s revenue bond debt, issued for Oklahoma City Community College (OCCC). The 'A' ratings reflect a trend of increasing enrollment at the college as well as consistently balanced financial performance. The outlook is stable. In our view, positive credit factors supporting the rating include the college's: Steadily increasing enrollment over the past four years; History of balanced to slight surplus operations on a full accrual basis, including a projected operating surplus for fiscal 2011; Fairly stable operating financial support (about 30% of draft fiscal 2011 revenues) from the state of Oklahoma (AA+/Stable general obligation debt rating); Manageable...
Companies mentioned in this report are: Oklahoma City Comnty Coll,Oklahoma City Comnty Coll Brd of Regents
Action: Outlook: Stable
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Oklahoma City Comnty Coll,Oklahoma City Comnty Coll Brd of Regents