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

  • ID: 2048055
  • May 2006
  • Standard & Poors

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:
- Nixa Pub Schs

Action: Affirmed
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 READ MORE >

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- Nixa Pub Schs

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown


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