Summary: DuPage & Cook Counties Community Unit School District No. 205, Illinois; General Obligation Oct 14
- Language: English
- Published: October 2014
- Region: Illinois
Standard & Poor's Ratings Services has assigned its 'AAA' long-term rating on DuPage & Cook Counties Township High School District No. 86 (Hinsdale), Ill.'s series 2012 general obligation (GO) limited tax school bonds. At the same time, we affirmed the 'AAA' long-term rating on the district's existing GO debt. The outlook is stable. The rating reflects our assessment of the following credit factors: Participation in Chicago's diverse metropolitan area economy, Very strong income level and extremely strong market value per capita indicators, History of very strong general fund reserve levels bolstered by good financial management practices, and Low overall net debt burden as a percentage of market value. Securing the 2012 bonds is the limited-tax pledge of the district, paid...
Companies mentioned in this report are: DuPage & Cook Cntys Twp High Sch Dist #86 Hinsdale
Action: New Rating
Action: Outlook: Stable
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DuPage & Cook Cntys Twp High Sch Dist #86 Hinsdale