• 1-800-526-8630U.S. (TOLL FREE)
  • 1-917-300-0470EAST COAST U.S.
  • +353-1-416-8900REST OF WORLD

Summary: Clackamas and Washington County School District No. 3JT (West Linn-Wilsonville), Oregon; School State Program Jan 12

  • ID: 2039571
  • January 2012
  • Region: Oregon, Washington
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services revised its school issuer credit rating (ICR) outlook to negative from stable on Clackamas and Washington County School District No. 3JT (West Linn-Wilsonville), Ore.'s general obligation (GO) debt and affirmed its 'A+' ICR on the debt. In addition, Standard & Poor's affirmed its 'AA+' long-term rating and underlying rating, with a stable outlook, on the district's GO debt, reflecting the credit enhancement of the Oregon School Bond Guarantee Program. The outlook revision reflects our view that although the district demonstrated a willingness and ability to adjust its operations to correct a budgetary imbalance and create a substantial surplus in fiscal 2011, a suspension of those actions in fiscal 2012 has created a structural gap that,...

Companies mentioned in this report are:
- Clackamas and Washington Cnty Sch Dist No. 3JT West Linn-Wilsonville

Action: Affirmed
Action: Outlook: Negative

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress READ MORE >

Note: Product cover images may vary from those shown

- Clackamas and Washington Cnty Sch Dist No. 3JT West Linn-Wilsonville

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

RELATED PRODUCTS

Our Clients

Fluidigm Corporation Apple, Inc. CEVA Santé Animale Abbott Laboratories Ltd. Merck Group Allergan Inc. Pfizer, Inc.