- Language: English
- 128 Pages
- Published: January 2012
- Region: United States
Summary: Clackamas County School District No. 46 (Oregon Trail), Oregon; School State Program Dec 11
- Published: December 2011
- Standard & Poors
Standard & Poor's Ratings Services affirmed its 'A+' school issuer credit rating (ICR) and 'AA+' long-term rating on Clackamas County School District No. 46 (Oregon Trail), Ore.'s general obligation (GO) bonds. The outlook on all ratings is stable. The ICR reflects our view of the district's: Participation in the diverse Portland economy coupled with extremely strong wealth and strong income levels; Stable-to-growing enrollment, which management anticipates will continue; and Declining but good-to-strong available reserves despite a challenging state budget environment. Partly offsetting the foregoing strengths is our view of the district's moderate debt and slow amortization schedule. The district's full faith, credit, and resources, including a covenant to levy ad valorem property taxes without limitation as to rate or amount,...
Companies mentioned in this report are: Clackamas Cnty Sch Dist #46 (Oregon Trail)
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 programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.
SHOW LESS READ MORE >
Clackamas Cnty Sch Dist #46 (Oregon Trail)
|Electronic||The report will be emailed to you.|