- Language: English
- Published: May 2011
Summary: Larkspur Sch Dist, CA; Tax Secured, General Obligation May 03
- Published: May 2003
- Standard & Poors
The 'AA' rating on Larkspur School District, Calif.'s capital appreciation GO bonds series 2000A reflects: The district's easy access to the greater San Francisco Bay Area employment base; Good financial performance, supported by significant financial flexibility, including a parcel tax and the district's basic aid status; Above-average wealth and income levels; Healthy property tax-base growth; and Very low debt levels and limited future capital needs. The bonds are secured by a full faith and credit pledge of the district's ad valorem tax revenues, and were issued to finance health and safety improvements to the district's facilities. Located just north of San Francisco, the district (population: 21,050) encompasses an 11.5 square-mile area in Marin County. The district provides K-8 education to...
Companies mentioned in this report are: Larkspur-Corte Madera Sch Dist
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 >
Larkspur-Corte Madera Sch Dist