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Summary: Barnegat Township Board Of Education, New Jersey; School State Program Apr 12

  • ID: 2127255
  • April 2012
  • Region: New Jersey
  • Standard & Poors
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FEATURED COMPANIES

  • Barnegat Twp Brd of Ed
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Abstract
Standard & Poor's Ratings Services has assigned its 'AA-' long-term rating and 'A+' school issuer credit rating (ICR) to Barnegat Township Board of Education, N.J.'s series 2012 school district refunding general obligation bonds. The outlook is stable. The 'AA-' long-term rating reflects our opinion of the district's participation in the New Jersey Fund for the Support of Free Public Schools program. The 'A+' school ICR reflects our assessment of the district's own credit quality, as well as the: Residential area, which has a large retiree population that has good access to the southern New Jersey employment base; Very diverse tax base that has experienced modest declines; Good to strong wealth and income indicators; Stable financial position with adequate reserve levels;...

Companies mentioned in this report are:
- Barnegat Twp Brd of Ed

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, READ MORE >

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- Barnegat Twp Brd of Ed

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