- Language: English
- Published: October 2012
Summary: Southern Humboldt Joint Unified School District, California; General Obligation Nov 11
- Published: November 2011
- Standard & Poors
Standard & Poor's Ratings Services assigned its 'A+' long-term rating to Southern Humboldt Joint Unified School District, Calif.'s general obligation (GO) bonds, election of 2010, series B. In addition, Standard & Poor's affirmed its 'A+' underlying rating (SPUR) on the district's GO bonds. The outlook on all ratings is stable. The ratings reflect our view of the district's: Very strong combined available funds for operations, Extremely strong assessed value (AV) per capita; and Moderate debt burden. The preceding credit strengths are offset in part by our view of: A slowdown in growth in district AV during each of the last five years; The district's "standard" financial management policies; and The district's concentration in and reliance on one industry, timber. Unlimited...
Companies mentioned in this report are: Southern Humboldt Jt Unif Sch Dist
Action: New Rating
Action: Outlook: Stable
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Southern Humboldt Jt Unif Sch Dist
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