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'AA+' and 'A' Ratings Affirmed For Various Issuers Participating In The Indiana State Aid Intercept Program; School State Program Sep 11 Product Image

'AA+' and 'A' Ratings Affirmed For Various Issuers Participating In The Indiana State Aid Intercept Program; School State Program Sep 11

  • ID: 2086383
  • September 2011
  • Region: Indiana
  • Standard & Poors

FEATURED COMPANIES

  • Anderson Comnty Sch Corp
  • Caston Ed Bldg Corp
  • Jay Sch Bldg Corp
  • Monroe-Gregg Sch Corp
  • Salem Comnty Sch Corp
  • Springs Vy Comnty Schs
  • MORE

Abstract
Standard & Poor's Ratings Services affirmed its 'AA+' and 'A' ratings on various issuers' bonds participating in the Indiana State Aid Intercept program. The outlook is stable. Based on Section 20.48.1.11 of the Indiana Code, the state treasurer is required to withhold state aid if a school corporation is unable to pay general obligation (GO) debt service requirements. The withholding guarantee also applies to lease-rental payments made by a school corporation to meet a school building corporation's debt service. All school corporations are eligible for the 'A' program rating, provided state aid levels are equal to, or greater than, maximum annual debt service requirements. If the following element is added to the structure of an issue covered by Indiana's basic...

Action: New Rating

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.

Research Type: Full Analysis

- Anderson Comnty Sch Corp
- Carmel Clay Sch Corp
- Southwestern Jefferson Cnty Cons Sch Corp
- Southwest Parke Comnty Sch Corp
- South Madison Comnty Sch Corp
- Northern Comnty Schs Tipton
- South Harrison 2000 Sch Bldg Corp
- Central Noble Comnty Sch Corp
- South Vermillion Comnty Sch Corp
- West Clark Comnty Schs
- South Dearborn Comnty Sch Corp
- Northwestern Sch Bldg Corp
- Oak Hill Sch Bldg Corp
- Vigo Cnty Sch Corp
- North Lawrence Comnty Schs
- Whitko Comnty Sch Corp
- Eastern Howard Sch Corp
- Mitchell Comnty Schs
- John Glenn Sch Corp.
- New Albany-Floyd Cnty Sch Bldg Corp
- Elwood Middle Sch Bldg Corp
- Elwood Comnty Sch Corp
- Mishawaka Sch
- Greencastle Comnty Sch Corp
- South Gibson Sch Corp
- Jennings Cnty Schs Corp
- Center Grove Comnty Sch Corp
- North Judson-San Pierre Schs
- Logansport Comnty Sch Corp
- Cloverdale Comnty Sch Corp
- Wa-Nee Comnty Sch
- Oak Hill United Sch Corp
- Eastern Howard Multi Sch Bldg Corp
- Manchester Comnty Sch
- Sunman-Dearborn Comnty Sch
- East Washington Sch Corp
- Union Sch Bldg Corp
- Union Sch Corp
- Central Noble Bldg Corp
- Daleville Jr-Sr Sch Bldg Corp
- Daleville Comnty Schs
- Baugo Comnty Sch
- South Harrison Comnty Sch Corp
- South Vermillion Middle Sch Bldg Corp
- New Albany-Floyd Cnty Cons Sch Corp
- Linton-Stockton Sch Bldg Corp
- Linton-Stockton Sch Corp
- New Castle Comnty Sch Corp
- South Montgomery Comnty Sch Corp
- Medora Comnty Sch Corp. (fka Carr Sch)
- Huntington Cntywide Sch Bldg Corp II
- Huntington Cnty Comnty Sch Corp
- Bremen Pub Schs
- DeKalb Cent Elem Sch Bldg Corp
- South Spencer Cnty Sch Corp
- Northeast Dubois Cnty Middle Sch Bldg Corp
- Northeast Dubois Cnty Sch Corp.
- Portage Twp Schs
- Warren Cnty Sch Bldg Corp
- Southwest Parke Comnty Sch Bldg Corp
- Northwestern Sch Corp
- Northeastern Wayne Sch Corp.
- New Castle High Sch Bldg Corp
- Goshen Multi Sch Bldg Corp
- Goshen Comnty Schs
- Decatur Twp Metro Sch Dist Bldg Corp
- South Cent Comnty Sch Bldg Corp
- Sarah Scott Middle Sch Bldg Corp
- Madison-Grant Multi Sch Bldg Corp
- Madison-Grant United Sch Corp
- South Knox Sch Bldg Corp
- Mishawaka Multi Sch Bldg Corp
- Taylor Comnty Sch Bldg Corp
- Taylor Comnty Sch Corp
- Wayne Twp Metro Sch Dist
- Cloverdale Multi Sch Bldg Corp
- Mitchell Elem Sch Bldg Corp
- South Putnam Grade Sch Bldg Corp
- Scott Cnty 1998 Sch Bldg Corp
- Scott Cnty Sch Dist #1
- Brownstown Dist Sch Bldg Corp
- Eastern Howard Third Millennium Sch Bldg Corp
- Attica Sch Bldg Corp
- Attica Cons Sch Corp
- Decatur Twp Metro Sch Dist
- South Vermillion Sch Bldg Corp
- Westview Elem Sch Bldg Corp
- Rockville Sch Bldg Corp
- Jay Sch Corp
- Salem High Sch Bldg Corp
- Greencastle Multi-Sch Bldg Corp
- North Daviess Sch Bldg Corp
- North Daviess Comnty Sch
- Eminence Comnty Sch Bldg Corp
- Eminence Comnty Sch Corp
- South Adams Sch Bldg Corp
- Franklin Cnty Middle Sch Bldg Corp
- Franklin Cnty Comnty Sch Corp
- Wa-Nee Middle Sch Bldg Corp.
- Jay Sch Bldg Corp
- Logansport High Sch Bldg Corp.
- Center Grove Sch Bldg Corp.
- Northeast Sullivan Multi-Sch Bldg Corp
- Crothersville Sch Bldg Corp.
- Crothersville Comnty Schs
- Mishawaka Sch Bldg Corp.
- Northern Wells Comnty Sch Bldg Corp.
- Sunman-Dearborn Interm Sch Bldg Corp
- Southwestern Jefferson Cnty Cons Sch Bldg Corp
- West Clark 2000 Sch Bldg Corp
- East Washington Multi Sch Bldg Corp
- Lawrenceburg Sch Bldg Corp
- Portage Twp Multi-Sch Bldg Corp
- Anderson Sch Bldg Corp
- Michigan City Area-Wide Sch Bldg Corp
- Marion High Sch Bldg Corp
- Marion Comnty Schs
- Vigo Cnty Elem Sch Bldg Corp
- Decatur Twp Marion Cnty Middle Sch Bldg Corp
- Blue River Vy Sch Bldg Corp
- Blue River Vy Sch Corp
- Warren Cnty Metro Sch Dist
- Wes-Del Comnty Schs
- Harrison-Washington Sch Bldg Corp
- South Putnam Sch Bldg Corp
- River Forest Comnty Sch Corp
- North Lawrence Comnty Schs Bldg Corp
- Monroe-Gregg Grade Sch Bldg Corp
- Shenandoah Sch Bldg Corp
- Salem Middle Sch Bldg Corp
- Southmont Sch Bldg Corp
- Southeast Fountain Elem Sch Bldg Corp
- Covington Comnty Sch Bldg Corp
- Attica Elem Sch Bldg Corp
- John Glenn Sch Corp High Sch Bldg Corp
- Southeast Dubois Sch Bldg Corp
- Sunman-Dearborn High Sch Bldg Corp
- Muncie Comnty Schs
- Clinton Prairie Comnty Sch Bldg Corp
- Mitchell High Sch Bldg Corp
- Benton Sch Imp Bldg Corp
- Springs Vy Sch Bldg Corp
- Springs Vy Comnty Schs
- Carmel 2002 Sch Bldg Corp
- South Madison Elem Sch Bldg Corp
- Decatur Twp Multi-Sch Bldg Corp
- Baugo Sch Bldg Corp
- Linton-Stockton High Sch Bldg Corp
- Fremont Comnty Schs Imp Bldg Corp
- Sheridan Comnty Schs
- South Putnam Admin Sch Bldg Corp
- Northeastern Wayne Jr./Sr. High Sch Bldg Corp
- Rising Sun Sch Bldg Corp
- Rising Sun Ohio Cnty Comnty Sch Corp
- Whitko High Sch Bldg Corp
- Monroe-Gregg Sch Dist
- Daleville Bldg Corp
- Frankfort High Sch Elem Sch Bldg Corp
- Wa-Nee Comnty Sch Bldg Corp
- Dekalb Cent High Sch Renovation Bldg Corp
- Bremen Multi-Sch Bldg Corp
- South Spencer Cnty Elem Sch Bldg Corp
- Greencastle High Sch Bldg Corp
- South Madison Middle Sch Bldg Corp
- Mt.Vernon of Posey Cnty Multi-Sch Bldg Corp
- Knox Sch Bldg Corp
- South Gibson Sch Bldg Corp
- Cloverdale High Sch Bldg Corp
- South Ripley Comnty Multi-Sch Bldg Corp
- Smith-Green Multi Sch Bldg Corp
- Sheridan Comnty Sch Bldg Corp
- Twin Lakes Sch Bldg Corp
- Center Grove High Sch Imp Bldg Corp
- South Madison Comnty Sch Bldg Corp
- South Putnam Comnty Sch Corp
- South Ripley Comnty Sch Corp
- Westview Sch Corp
- Indiana Bnd Bank
- Fremont Comnty Schs
- Southeast Fountain Sch Corp
- Monroe-Gregg Sch Corp
- Meister Sch Bldg Corp
- Salem Comnty Sch Corp
- North Putnam Middle Sch Bldg Corp
- Eastern-Pulaski Comnty Sch Bldg Corp
- Eastern-Pulaski Comnty Sch Corp
- Clinton Prairie Sch Corp
- Muncie Sch Bldg Corp
- Caston Ed Bldg Corp
- Caston Sch Corp
- Michigan City Area Sch
- Michigan City Sch Bldg Corp
- Rockville Comnty Sch Corp
- Turkey Run Sch Bldg Corp
- Turkey Run Comnty Sch Corp
- Northeast Sch Corp
- DeKalb Cnty Cent United Sch Dist
- South Newton Sch Corp
- South Newton Sch Bldg Corp
- Frankfort Comnty Sch Corp
- Rossville Cons Sch Dist Bldg Corp
- Rossville Cons Sch Dist
- Blackford Cnty Sch Bldg Corp
- Blackford Cnty Schs
- Shoals Comnty Sch Bldg Corp
- Shoals Comnty Sch Corp
- South Knox Sch Corp
- Wayne Twp Marion Cnty Sch Bldg Corp
- Northern Tipton Sch Bldg Corp
- Jennings Cnty Sch Bldg Corp
- Nettle Creek Sch Bldg Corp
- Nettle Creek Sch Corp
- Medora 1999 Sch Bldg Corp
- North Adams Comnty Schs Renovation Bldg Corp
- Boone Twp Metro Sch Dist
- North Judson-San Pierre Multi-Sch Bldg Corp
- South Cent Comnty Sch Corp
- Seeger Sch Bldg Corp
- South Adams Schs
- Manchester Comnty Elem Sch Bldg Corp
- Brown Cnty High Sch & Nashville Sch Bldg Corp
- Brown Cnty Sch Corp.
- Smith-Green Comnty Schs
- Shenandoah Sch Corp
- North Putnam Comnty Sch Corp
- North Adams Comnty Schs
- Brownstown Cent Comnty Sch Corp
- Barr Reeve Comnty Sch Bldg Corp
- Barr Reeve Comnty Sch Corp
- Manchester High Sch Bldg Corp
- Covington Comnty Sch Corp
- Southeast Dubois Cnty Jr/Sr High Sch Bldg Corp.
- Southeast Dubois Cnty Sch Corp.
- Clarksville Comnty Sch Corp
- Mount Vernon Metro Sch Dist
- Benton Comnty Sch Corp
- Twin Lakes Sch Corp
- Lawrenceburg Comnty Sch Corp
- Knox Comnty Sch Corp
- Northern Wells Comnty Schs
- Clarksville High Sch Bldg Corp

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