- Language: English
- 128 Pages
- Published: January 2012
- Region: Global, United States
Summary: Pima County School District No.39 (Continental Elementary), Arizona; General Obligation Dec 11
- Published: December 2011
- Region: Arizona
- Standard & Poors
Standard & Poor's Ratings Services assigned its 'A' long-term rating to Pima County School District No.39 (Continental Elementary), Ariz.'s series 2012B general obligation (GO) bonds. At the same time, Standard & Poor's affirmed its 'A' underlying rating (SPUR) on the district's outstanding GO bonds. The outlook on all bonds is stable. The ratings reflect our view of the district's: Limited local economy and access to the greater Tucson metropolitan statistical area (MSA) economy; Good to strong wealth and income levels; Strong unreserved general fund balance in terms of percentage, albeit small as a dollar amount; and Low debt burden. Somewhat offsetting the above strengths are our view of the district's potential growth pressures based on recent history and future projections,...
Companies mentioned in this report are: Pima Cnty Sch Dist #39 (Continental Elem)
Action: New Rating
Action: Outlook: Stable
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Pima Cnty Sch Dist #39 (Continental Elem)