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Summary: Tahoe-Truckee Unified School District School Facilities Improvement District No. 2, California; General Obligation Jan 12 Product Image

Summary: Tahoe-Truckee Unified School District School Facilities Improvement District No. 2, California; General Obligation Jan 12

  • Published: January 2012
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services assigned its 'AA' long-term rating to Tahoe-Truckee Unified School District School Facilities Improvement District No.2 (SFID No. 2), Calif.'s 2012 general obligation (GO) refunding bonds. At the same time Standard & Poor's affirmed its 'AA' long-term and underlying rating (SPUR) on the district's outstanding GO debt. The outlook on all bonds is stable. Unlimited ad valorem taxes levied on taxable property within the district secure the bonds. The boards of supervisors of El Dorado, Nevada, and Placer counties have the power and obligation to levy these taxes at the district's request for the bonds' repayment. The three counties are required to deposit such taxes, when collected, into the bonds' debt service fund, which will be...

Companies mentioned in this report are: Tahoe Truckee Unif Sch Dist Imp Dist #2
Action: Affirmed
Action: New Rating
Action: Outlook: Stable

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Tahoe Truckee Unif Sch Dist Imp Dist #2

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