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Bulletin: Proposed Kansas School Finance Reform Has No Immediate Effect On Ratings Jan 12
Standard & Poors, Jan 2012
Abstract
DALLAS (Standard & Poor's) Jan. 5, 2012-Standard & Poor's Ratings Services said today that the Dec. 14, 2011 preliminary school finance reform proposal by Kansas Governor Sam Brownback will not have any immediate effect on ratings. The proposal will be discussed during the state's 2012 legislative session. The proposal, if approved, would take effect during fiscal 2014, with the goal of simplifying the current state funding formula and providing an adequate, predictable level of funding to all Kansas school districts. At this point it is difficult for Standard & Poor's to assess the credit rating impact of the governor's proposal given that relatively few details are available and that the proposal could change significantly as it moves through the legislative...
Companies mentioned in this report are: Kansas
Action: Bulletin
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.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
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