• 1-800-526-8630U.S. (TOLL FREE)
  • 1-917-300-0470EAST COAST U.S.
  • +353-1-416-8900REST OF WORLD

Summary: Shasla Pub Util Dist, TX; Tax Secured, General Obligation May 05

  • ID: 2033625
  • May 2005
  • Standard & Poors

Standard & Poor's Ratings Services affirmed its 'BBB' rating, and stable outlook, on Shasla Public Utility District, Texas' unlimited-tax GO debt outstanding. The rating reflects the district's: Limited, entirely residential property tax base of just $65 million; and High, but moderating, debt burden. These factors are offset, in part, by the district's: Essentially complete status of development, which should limited future capital needs; and Healthy financial position. Shasla Public Utility District is 25 miles northwest of Houston, Texas' central business district and is in Houston's extraterritorial jurisdiction. The 208-acre district is entirely residential and is essentially completely developed with water and sewer infrastructure. The district contains more than 730 developed lots, which include roughly 700 occupied homes. New homes are...

Companies mentioned in this report are:
- Shasla Pub Util Dist

Action: Affirmed
Action: Outlook: Stable

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance READ MORE >

Note: Product cover images may vary from those shown

- Shasla Pub Util Dist

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown


Our Clients

Fluidigm Corporation Apple, Inc. CEVA Santé Animale Abbott Laboratories Ltd. Merck Group Allergan Inc. Pfizer, Inc.