Snohomish County School District No.201 (Snohomish), Washington; General Obligation; School State Program Jul 08
- ID: 2038978
- July 2008
- Region: Washington
- Standard & Poors
Standard & Poor's Ratings Services raised its issuer credit rating (ICR) to 'AA-' from 'A+' on Snohomish County School District No. 201, Wash.'s outstanding GO bonds. The raised rating reflects the district's strong economic base and stable historical financial performance. Additionally, Standard & Poor's assigned its 'AA+' enhanced rating and 'AA-' ICR to the district's unlimited tax GO bonds, series 2008. The enhanced rating reflects the districts eligibility and participation in the Washington School Bond Guarantee Program. Additional rating factors include: A diverse and growing taxpayer base, with access to very strong jobs centers in Seattle and Bellevue; Very strong wealth and income indictors, with market value per capita at $156,555 and median household effective buying income (EBI) measuring 155%...
Companies mentioned in this report are:
- Snohomish Cnty Sch Dist No. 201 Snohomish
Action: New Rating
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Research Type: Full Analysis