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Summary: Alvarado Independent School District, Texas; School State Program Nov 11 Product Image

Summary: Alvarado Independent School District, Texas; School State Program Nov 11

  • Published: November 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 Alvarado Independent School District, Texas' series 2012 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. Standard & Poor's also affirmed its 'AAA' program rating, with a stable outlook, on the district's GO debt that does not carry an ICR. The 'AAA' program rating reflects the district's eligibility for, and participation in, the Texas Permanent School Fund guarantee. The ICR reflects the district's general creditworthiness and our opinion of its: Access to Fort Worth's and Dallas' deep and diverse economies, which strengthens wealth...

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

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Alvarado Indpt Sch Dist,Texas Perm Sch Fd

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