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Summary: Christian Cnty Sch Dist R-II Nixa , MO; Tax Secured, School State Program May 06 Product Image

Summary: Christian Cnty Sch Dist R-II Nixa , MO; Tax Secured, School State Program May 06

  • Published: May 2006
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services assigned its 'AA+' rating and 'A' issuer credit rating (ICR) to Christian County School District R-II (Nixa), Mo.'s GO school building bonds, series 2006. The 'AA+' rating reflects the district's participation in the Missouri Direct Deposit Program. The 'A' ICR reflects the district's: Participation in the diverse Springfield, Mo. MSA economy; Good assessed valuation (AV) growth due to strong residential growth; Strong financial position; and Moderate debt burden. These factors are offset by growth pressures and additional debt needs associated with the district's additional enrollments. The bonds are secured by the district's GO pledge. The school district (population: 19,711) is in southwestern Missouri, in Christian County, 12 miles south of Springfield. The roughly 55 square-mile...

Companies mentioned in this report are: Christian Cnty Sch Dist R-II Nixa
Action: Affirmed
Action: New Rating
Action: Outlook: Stable

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Christian Cnty Sch Dist R-II Nixa

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