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Summary: Adams Cnty Sch Dist #12, CO; Tax Secured, General Obligation Feb 01 Product Image

Summary: Adams Cnty Sch Dist #12, CO; Tax Secured, General Obligation Feb 01

  • ID: 2032164
  • February 2001
  • Standard & Poors

Abstract
The Standard & Poor's underlying rating (SPUR) upgrade on Adams County School District No. 12, Colo.'s GO bonds reflects the district's strong community support and additional financial flexibility provided by a recently approved bond authorization, coupled with a mill levy override and voter support in favor of overriding Amendment One, or the Tax Payer Bill of Rights (TABOR), limitations. Other rating factors include: A rapidly expanding bedroom community participating in the strong and diverse Denver MSA, The GO pledge of the district, coupled with additional support under the state's intercept program; Solid financial performance; Average wealth levels; and Moderately high debt levels fueled by strong enrollment growth. The district, located in northern Adams County (population 142,800), is the largest school...

Companies mentioned in this report are:
- Adams 12 Five Star Schools

Action: New Rating

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- Adams 12 Five Star Schools

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