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Summary: Wyandotte County / Kansas City Unified Government, Kansas; General Obligation; Note Feb 11

Standard & Poors, February 2011

Abstract
Standard & Poor's Ratings Services assigned its 'AA' rating to Wyandotte County/Kansas City Unified Government, Kan.'s series 2011-A general obligation (GO) improvement bonds; series 2011-B GO improvement bonds, issued for Wyandotte County projects; and series 2011-C taxable GO improvement bonds. At the same time, Standard & Poor's Ratings Services affirmed its 'AA' long-term rating and underlying rating (SPUR) on the unified government's existing general obligation (GO) debt. The outlook on all long-term ratings is stable. Standard & Poor's also affirmed its 'SP-1+' short-term rating on the unified government's short-term debt outstanding. Although all past and current debt issues and additional issuances remain a GO of the unified government, the property tax base, subject to an unlimited-tax pledge, will vary for...

Companies mentioned in this report are:
- Wyandotte Cnty / Kansas City Unif Govt

Action: Affirmed
Action: New Rating

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

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.

- Wyandotte Cnty / Kansas City Unif Govt

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