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Summary: Indiana St Aid Intercept Prog; Tax Secured, General Obligation; Tax Secured, School State Program Jan 06

  • ID: 2086828
  • January 2006
  • Region: Indiana
  • Standard & Poors
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  • Anderson Sch Bldg Corp
  • East Noble Sch Bldg Corp
  • Gary Comnty Sch Corp
  • Hobart Bldg Corp
  • Munster Sch Bldg Corp
  • Plainfield Sch Bldg Corp
  • MORE

Standard & Poor's Ratings Services raised its rating on the Indiana State Aid Intercept Program to 'AA' from 'AA-', reflecting the change in the state's issuer credit rating. The 'AA' rating moves with the state's rating; the 'A' program rating does not move with the state's rating. The upgrade to 'AA+' from 'AA' on Indiana's issuer credit rating reflects the state's continued improved financial position driven both by management's fiscal action and revenue growth that exceed budgeted expectations. Management has continued to demonstrate a commitment to building reserves and reimbursing the delayed payments. The state formulated its first, balanced biennium budget in 10 years, has now closed the deficit that was projected in the first year, and has been able...

Action: Outlook: Stable
Action: Upgraded

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.

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- Northwestern Sch Bldg Corp
- Indiana Bnd Bank
- Fremont Comnty Schs
- Tippecanoe Sch Corp
- New Albany-Floyd Cnty Sch Bldg Corp
- Wawasee Comnty Sch Corp
- Greater Martinsville Sch Bldg Corp
- Lake Cent Multi-Dist Sch Bldg Corp
- Clinton Prairie Sch Corp
- Huntington Cntywide Sch Bldg Corp II
- Munster Sch Bldg Corp
- Southwest Parke Comnty Sch Bldg Corp
- New Castle High Sch Bldg Corp
- Monroe Cnty Comnty Sch Bldg Corp
- Griffith Pub Sch
- Cloverdale Multi Sch Bldg Corp
- Whitley Cnty Multi Sch Bldg Corp
- Greenfield Multi-Sch Bldg Corp
- East Allen Multi Sch Bldg Corp
- Pike Cnty Sch Corp
- South Bend Comnty Sch Corp Sch Bldg Corp
- Mt Vernon of Hancock Cnty Multi Sch Bldg Corp
- Franklin Comnty Multi Sch Bldg Corp.
- Center Grove Sch Bldg Corp.
- Crothersville Sch Bldg Corp.
- Sunman-Dearborn Interm Sch Bldg Corp
- West Clark 2000 Sch Bldg Corp
- Lawrenceburg Sch Bldg Corp
- Portage Twp Multi-Sch Bldg Corp
- Anderson Sch Bldg Corp
- North Side High Sch Bldg Corp
- Hobart Bldg Corp
- Harrison-Washington Sch Bldg Corp
- Tri-Creek High Sch Bldg Corp
- Warsaw Multi-Sch Bldg Corp
- South Putnam Sch Bldg Corp
- Plainfield Sch Transp Ctr Bldg Corp
- East Noble Sch Bldg Corp
- Columbus Repair & Renovation Sch Bldg Corp
- Fairfield Sch Bldg Corp
- Gary Comnty Sch Corp
- Covington Comnty Sch Bldg Corp
- Plymouth Vision 2020 Sch Bldg Corp
- Sunman-Dearborn High Sch Bldg Corp
- Clinton Prairie Comnty Sch Bldg Corp
- Noblesville Multi-Sch Bldg Corp
- Brown Cnty High Sch & Nashville Sch Bldg Corp
- Valparaiso Multi-Schs Bldg Corp
- South Newton Sch Bldg Corp
- Edinburgh Comnty Sch Bldg Corp
- East Noble Fac Sch Bldg Corp
- East Allen Woodlan Sch Bldg Corp
- Franklin Twp Sch Bldg Corp
- Aurora Sch Bldg Corp
- Michigan City Area-Wide Sch Bldg Corp
- Vigo Cnty Elem Sch Bldg Corp
- Decatur Twp Marion Cnty Middle Sch Bldg Corp
- Blue River Vy Sch Bldg Corp
- Shenandoah Sch Bldg Corp
- New Palestine Elem Sch Bldg Corp
- Southern Hancock Cnty Comnty Sch Corp
- North Adams Comnty Schs
- Highland Sch Bldg Corp
- Richland-Bean Blossom 2000 Sch Bldg Corp
- Vinton-Tecumseh Sch Bldg Corp
- Plainfield Sch Bldg Corp
- DeKalb Cnty Cent United Sch Dist
- South Cent Comnty Sch Bldg Corp
- Hammond Multi Sch Bldg Corp
- Muncie Sch Bldg Corp
- Noblesville High Sch Bldg Corp
- South Vermillion Middle Sch Bldg Corp

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