• 1-800-526-8630U.S. (TOLL FREE)
  • 1-917-300-0470EAST COAST U.S.
  • +353-1-416-8900REST OF WORLD
Summary: Jasper Cnty R-I Sch Dist (Carl Junction), MO; Tax Secured, School State Program Oct 02 Product Image

Summary: Jasper Cnty R-I Sch Dist (Carl Junction), MO; Tax Secured, School State Program Oct 02

  • ID: 2033745
  • October 2002
  • Standard & Poors

Abstract
The 'AA+' rating on Jasper County R-I School District (Carl Junction), Mo.'s bonds reflects the direct deposit of portions of monthly state aid payments by the state to a bond trustee. State aid covers maximum annual program debt service over 1.5 times. The district has entered into an irrevocable direct deposit agreement with the state treasurer, department of elementary and secondary education, the health and educational facilities authority, and the deposit trustee. The direct deposit agreement states that during each of the first 10 months in each bond year, one-tenth of debt service will be deposited with the deposit trustee. The direct deposit trustee will invest these funds in investments that meet Standard & Poor's criteria and will transfer to...

Companies mentioned in this report are:
- Jasper Cnty R-I Sch Dist (Carl Junction)

Action: New Rating

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify READ MORE >

Note: Product cover images may vary from those shown

- Jasper Cnty R-I Sch Dist (Carl Junction)

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

RELATED PRODUCTS