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Summary: West Hills Community College District School Facilities Improvement District No.2 (Coalinga), California; General Obligation May 12 Product Image

Summary: West Hills Community College District School Facilities Improvement District No.2 (Coalinga), California; General Obligation May 12

  • ID: 2127565
  • May 2012
  • Region: California
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services assigned its 'A+' long-term rating to the West Hills Community College District School Facilities Improvement District No.2 (Coalinga), Calif.'s series B (election of 2008) general obligation (GO) bonds. At the same time, Standard & Poor's affirmed its 'A+' underlying rating on the district's existing debt. The outlook is stable. The ratings reflect our view of the district's: Continued demand for educational services as well as the flexibility offered to community college districts to reduce course offerings if needed; Good financial performance in the past, which has led to strong reserve levels as of fiscal 2012; and Good financial management policies. Partly offsetting these foregoing strengths is our view of the district's adequate income levels on...

Companies mentioned in this report are: West Hills Comnty Coll Dist Sch Facs Improv Dist #2 (Coalinga)
Action: Affirmed
Action: New Rating
Action: Outlook: Stable

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West Hills Comnty Coll Dist Sch Facs Improv Dist #2 (Coalinga)

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