Summary: Macoupin, Sangamon & Montgomery Counties Community Unit School District No. 34 (North Mac), Illinois; General Obligation Dec 11
- Language: English
- Published: December 2011
- Region: Illinois
CHICAGO (Standard & Poor's) Dec. 15, 2011--Standard & Poor's Ratings Services has assigned its 'A' long-term rating to Macoupin, Sangamon & Montgomery Counties Community Unit School District No. 34 (North Mac), Ill.'s series 2012 general obligation (GO) refunding school bonds. "The stable rating outlook reflects our expectation that the district will likely maintain at least good reserve levels," said Standard & Poor's credit analyst Lin Johnson III. The 'A' rating reflects Standard & Poor's opinion of the district's: Access to Springfield, Ill., which serves as a regional employment center; Good income level indicator; Good unreserved general fund balance on a cash basis with additional liquidity available in the working cash fund; and Low overall debt burden as a percentage of...
Companies mentioned in this report are: Macoupin, Sangamon & Montgomery Cnties Comnty Unit Sch Dist No.34
Action: New Rating
Action: Outlook: Stable
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Research type: News
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Macoupin, Sangamon & Montgomery Cnties Comnty Unit Sch Dist No.34