Summary: Zachary Community School District No. 1, Louisiana; General Obligation Feb 07

Standard & Poors, February 2007

Abstract
Standard & Poor's Ratings Services assigned its 'A' standard long-term rating, and stable outlook, to Zachary Community School District No. 1, La.'s series 2007 GO school bonds and affirmed its 'A' standard long-term rating and Standard & Poor's underlying rating (SPUR), with a stable outlook, on the district's preexisting GO debt. The ratings reflect the district's: Growing economic base, coupled with direct access to Baton Rouge, La. ('AA-'/Stable sales tax debt rating) and above-average household income indicators; Strong community support for both the school district's creation and bond election; and Moderate overall debt levels. A higher rating is precluded by the district's: Highly concentrated property tax base, and Significant enrollment-driven additional capital needs. The 84-mile Zachary Community School District No....

Companies mentioned in this report are:
- Zachary Comnty Sch Dist #1

Action: Affirmed
Action: New Rating
Action: Outlook: Stable

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.

- Zachary Comnty Sch Dist #1

Customers who bought this item also bought

• Joining the Fray
• Charter Schools - Global Outlook
• Mentor. Guiding the Journey of Adult Learners (with New Foreword, Introduction, and Afterword). 2nd Edition
• The Mentor's Guide. Facilitating Effective Learning Relationships. 2nd Edition
• Educational Neuroscience. Initiatives and Emerging Issues. Educational Philosophy and Theory Special Issues
• Library Use of eBooks, 2013 Edition
• Linking Leadership to Student Learning
• Redesigning the Public Library Building
• The Survey of Distance Learning Programs in Higher Education, 2012-13 Edition
• New Constitutionalism in Latin America: Promises and Practices