The 'AAA' rating on Lancaster County School District No. 1 (Lincoln Public Schools), Neb.'s GO school bonds reflects the district's: Large economic base, anchored by state government and services; Strong growth in assessed value (AV); Solid financial position; and Moderate debt levels. The 'AA+' rating on Lancaster County School District No. 1's 1999 GO certificates of participation reflects the district's creditworthiness, offset by the levy limit that is applicable to all lease-purchase agreements approved after July 1, 1998. The rating on the 1998 GO certificates of participation is 'AAA' because the tax limits do not apply to that issue. The district is coterminous with Lincoln, Neb. ('AAA' GO rating) and encompasses a roughly 103-square mile area. The district provides K-12...
Companies mentioned in this report are:
- Lancaster Cnty Sch Dist #1 Lincoln Pub Schs
Action: New Rating
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