- Published: May 2012
- Region: New Jersey, United States
Summary: Barnegat Township Board Of Education, New Jersey; School State Program Apr 12
- Published: April 2012
- Region: New Jersey
- Standard & Poors
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: 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.
SHOW LESS READ MORE >
Barnegat Twp Brd of Ed