Summary: Monroe Township Board Of Education (Gloucester County), New Jersey; School State Program Oct 13
- Language: English
- Published: October 2013
- Region: New Jersey
Standard & Poor's Ratings Services assigned its 'AA' enhanced program rating and 'A+' issuer credit rating (ICR), and stable outlook, to Hamilton Township (Atlantic County) Board of Education, N.J.'s series 2010 school bonds. The rating outlook is stable. The 'AA' 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: Stable local economy, which benefits from its access to Atlantic City, N.J. ('A' GO debt rating) and Philadelphia ('BBB' GO debt rating) regional employment centers; Strong wealth and income levels; Modest, yet consistent, property tax base growth with no concentration among leading taxpayers; and Moderate debt burden coupled with rapid principal amortization and limited...
Companies mentioned in this report are: Hamilton Twp Brd of Ed (Atlantic Cnty)
Action: New Rating
Action: Outlook: Stable
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.
SHOW LESS READ MORE >
Hamilton Twp Brd of Ed (Atlantic Cnty)