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Summary: Edgar School District, Wisconsin; General Obligation Feb 11 Product Image

Summary: Edgar School District, Wisconsin; General Obligation Feb 11

  • Published: February 2011
  • Standard & Poors

FEATURED COMPANIES

Abstract
The 'A' long-term rating assigned to Edgar School District, Wis.' taxable general obligation (GO) refunding bonds and the 'A' issuer credit rating on the district reflect Standard & Poor's Ratings Services' opinion of the district's: Stable local economy, based on manufacturing and health care services; Stable enrollment, which directly affects district revenues; Good income and strong market value per capita levels; and Moderate overall net debt burden. In our opinion, the district's unreserved fund balance, which is only adequate, tempers these strengths. The district's full faith and credit GO pledge secures the series 2011A bonds. The district plans to issue the series 2011A bonds as federally taxable qualified school construction bonds, in which the district will receive direct payments from...

Companies mentioned in this report are: Edgar Sch Dist
Action: Affirmed
Action: New Rating
Action: Outlook: Stable

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Edgar Sch Dist

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