Summary: Hamilton Township Board Of Education (Atlantic County), New Jersey; School State Program Jan 12
- ID: 2046568
- January 2012
- Region: New Jersey
- Standard & Poors
Standard & Poor's Ratings Services assigned its 'AA-' program rating and 'A+' school issuer credit rating (ICR) and stable outlook to Hamilton Township Board of Education (Atlantic County), N.J.'s series 2012 general obligation (GO) refunding school bonds and affirmed its 'AA-' program rating and 'A+' ICR, with a stable outlook, on the district's existing GO debt. The program rating reflects the additional security provided by the New Jersey Fund for the Support of Free Public Schools. The ICR reflects our view of the board's: Diverse and stable local economy, which benefits from its access to the Atlantic City ('A' GO debt rating) and Philadelphia (BBB) regional employment centers; Strong wealth and income; and Moderate overall net debt, coupled with, what...
Companies mentioned in this report are: Hamilton Twp Brd of Ed (Atlantic Cnty),Hamilton Twp (Atlantic Cnty)
Action: New Rating
Action: Outlook: Stable
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