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Summary: King County School District No. 401 (Highline), Washington; School State Program Jan 12 Product Image

Summary: King County School District No. 401 (Highline), Washington; School State Program Jan 12

  • Published: January 2012
  • Region: Washington
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services assigned its 'AA+' rating and its 'AA-' school district issuer credit rating (ICR) to King County School District No. 401 (Highline), Wash.'s series 2012 unlimited-tax general obligation (UTGO) refunding bonds. In addition, Standard & Poor's affirmed its 'AA-' ICR and its 'AA+' underlying rating (SPUR) on the district's debt outstanding. The outlook is stable. The 'AA+' rating is the same as our general obligation (GO) rating on the state and reflects the district's eligibility for, and expected participation in, the state's Bond Guarantee Program. The school district ICR reflects the district's full faith, credit, and resources pledged as well as its obligation to levy ad valorem property taxes without limitation on the rate or amount....

Companies mentioned in this report are:
- King Cnty Sch Dist #401 Highline

Action: Affirmed
Action: New Rating
Action: Outlook: Stable

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- King Cnty Sch Dist #401 Highline

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