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Summary: Pewaukee School District, Wisconsin; General Obligation Feb 12 Product Image

Summary: Pewaukee School District, Wisconsin; General Obligation Feb 12

  • ID: 2048426
  • February 2012
  • Region: Wisconsin
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services assigned its 'AA-' long-term rating to Pewaukee School District, Wis.' series 2012 general obligation (GO) promissory notes. At the same time, Standard & Poor's affirmed its 'AA-' long-term rating on the district's outstanding GO debt. The outlook is stable. The rating reflects our view of the district's: Participation in the deep and diverse Milwaukee metropolitan area economy; Very strong income and extremely strong market value per capita levels; History of balanced financial operations with strong unreserved fund balances; and Moderate overall debt burden and limited future capital needs. The GO notes are payable from the district's full faith and credit unlimited property tax revenue pledge. In November 2010, voters authorized the district to issue up...

Companies mentioned in this report are: Pewaukee Sch Dist
Action: Affirmed
Action: New Rating

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