Research And Markets Research And Markets

Summary: Mars Area School District, Pennsylvania; School State Program Jan 12

  • ID: 2045377
  • January 2012
  • Region: Pennsylvania
  • Standard & Poors
1 of 3

Standard & Poor's Ratings Services assigned its 'A+' rating and stable outlook to Mars Area School District, Pa.'s series 2012 general obligation (GO) bonds and affirmed its 'A+' rating, with a stable outlook, on the district's existing GO debt. The rating reflects our view of the district's: Access to the employment markets of the Pittsburgh metropolitan statistical area (MSA); Continuing residential development and property tax base growth; Sizable and very diverse tax base with, what we view as, very strong wealth; and Conservative budgeting practices that have contributed to, what we consider, healthy finances and the maintenance of very strong reserves. We believe what we consider the district's high debt and exposure to swaps somewhat constrain the rating. The district's...

Companies mentioned in this report are:
- Mars Area Sch Dist

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

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, READ MORE >

Note: Product cover images may vary from those shown
2 of 3

- Mars Area Sch Dist

Note: Product cover images may vary from those shown
3 of 3
Note: Product cover images may vary from those shown