Summary: Lexington & Richland Counties School District No. 5, South Carolina; School State Program Aug 13
- Language: English
- Published: August 2013
- Region: South Carolina
The 'AA' ratings on Richland County, S.C.'s GO bonds series 2002A and B reflect: A strong local economy anchored by the state capital and led by the government and health care centers; Income levels that are on par with the national level but above average for the state; A low overall net debt burden and carrying charge; and A large, although declining, fund balance The bonds are secured by the county's full faith and credit GO pledge. Proceeds from the series A bonds will be used to provide funds for the purchase of property, construction, and equipment for new fire stations including two pumpers and two tankers. The series B bonds will be used to finance the renovation of the...
Companies mentioned in this report are:
- Richland Cnty
Action: New Rating
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- Richland Cnty