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Summary: Macon Christian De Witt Etc. Counties Community College District No. 537 (Richland), Illinois; General Obligation Oct 10 Product Image

Summary: Macon Christian De Witt Etc. Counties Community College District No. 537 (Richland), Illinois; General Obligation Oct 10

  • Published: October 2010
  • Region: Illinois
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services assigned its 'AA' long-term rating to Macon Christian De Witt etc. Counties Community College District No. 537 (Richland), Ill.'s 2010 general obligation (GO) community college bonds. Standard & Poor's also affirmed its 'AA' long-term rating on the district's outstanding obligations. The outlook is stable. The rating reflects our view of the district's: Participation in the Decatur metropolitan area economy, and access to the Champaign and Springfield metropolitan areas; Balanced financial operations, with strong reserves and significant financial flexibility; Good financial management practices; and Low overall debt burden, with rapid amortization and low carrying charges. Partially offsetting the preceding credit strengths is our view of the district's below-average economic indicators. The district's full faith and credit,...

Companies mentioned in this report are: Macon Christian Dewitt Etc Cntys Comnty Coll Dist #537 (Richland)
Action: Affirmed
Action: New Rating
Action: Outlook: Stable

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Macon Christian Dewitt Etc Cntys Comnty Coll Dist #537 (Richland)

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