Summary: Du Page & Cook Cntys Twp High Sch Dist #86 Hinsdale, IL; Tax Secured, General Obligation Dec 02

Standard & Poors, December 2002

Abstract
The 'AAA' rating on DuPage and Cook Counties Township High School District No. 86 (Hinsdale), Ill.'s limited-tax GO school bonds reflects the district's: Participation in the Chicago MSA's deep and diverse economy, Very high wealth and income levels, Sound financial operations with high reserve levels, and Low debt as a percentage of market value. The district's debt service extension base, which is limited by amount but unlimited by rate, secures the series 2002 unvoted working cash bonds. The district is about 20 miles west of downtown Chicago, Ill. in southeastern DuPage County ('AAA' GO debt rating). Roughly 52,000 people live within the 29 square-mile district. The district serves large portions of Burr Ridge, Ill.; Clarendon Hills, Ill. ('AA+' GO debt...

Companies mentioned in this report are: DuPage & Cook Cntys Twp High Sch Dist #86 Hinsdale
Action: New Rating

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This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.

DuPage & Cook Cntys Twp High Sch Dist #86 Hinsdale

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