Summary: Adams 12 Five Star Schools, Colorado; Appropriations; General Obligation; School State Program Dec 11
- Language: English
- Published: December 2011
- Region: Colorado
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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