Summary: Adams 12 Five Star Schools, Colorado; Appropriations; General Obligation; School State Program Dec 11
Standard & Poors, December 2011
Abstract
Standard & Poor's Ratings Services assigned its 'AA-' long-term rating and school issuer credit rating (ICR) to Adams 12 Five Star Schools, Colo.'s series 2011 general obligation (GO) refunding bonds. At the same time, Standard & Poor's affirmed its 'AA-' rating, underlying rating (SPUR), and school ICR on the district's GO bonds outstanding. In addition, Standard & Poor's affirmed its 'A+' rating and SPUR on the district's certificates of participation (COPs). The 'AA-' enhanced rating and SPUR reflect the strength of the Colorado State Aid Intercept enhancement program. The outlook on all ratings is stable. The 'AA-' unenhanced rating reflects our view of the district's: Large and diverse residential property tax base, which participates in the Denver metropolitan area economy;...
Companies mentioned in this report are: Adams 12 Five Star Schools
Action: Affirmed
Action: New Rating
Action: Outlook: Stable
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This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.
Adams 12 Five Star Schools
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