NEW YORK (Standard & Poor's CreditWire) March 21, 2001--Standard & Poor's today assigned its double-'A' rating to Tulsa County Independent School District No. 9, Okla.'s $12 million building bonds (Union Board of Education) series 2001 due May 1, 2006. The bonds are scheduled to sell March 26, 2001. The outlook is stable. In addition, Standard & Poor's affirmed its double-'A' rating on the district's building bonds. The rating is based on the full faith and credit of the district and reflects: -- A diverse regional economy with sustained strong district tax base growth, -- Above-average wealth and income levels, -- Strong financial management despite state restrictions on reserve levels, and -- Low overall debt levels coupled with rapid five-year principal...
Companies mentioned in this report are:
- Tulsa Cnty Indpt Sch Dist No 9 Union
Action: New Rating
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