Summary: Little Elm Independent School District, Texas; General Obligation; School State Program Oct 10

Standard & Poors, October 2010

Abstract
Standard & Poor's Ratings Services raised its issuer credit rating (ICR) and underlying rating (SPUR) to 'A+' from 'A' and affirmed its 'AAA' enhanced program rating on Little Elm Independent School District, Texas' outstanding general obligation bonds. At the same time, Standard & Poor's assigned its 'A+' ICR and 'AAA' enhanced program rating to the district's series 2010 unlimited tax refunding bonds. The outlook on all bonds is stable. The raised rating is based on our view of the district's continued strong finances despite challenges with identifying its growth pattern. The ICR is further strengthened by our view of the district's access to the diverse Dallas-Fort Worth metropolitan statistical area (MSA). The enhanced rating reflects our view of the district's...

Companies mentioned in this report are: Little Elm Indpt Sch Dist
Action: Affirmed
Action: New Rating
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.

Little Elm Indpt Sch Dist

Customers who bought this item also bought

• Government Investment Pools Report
• Charter Schools - Global Outlook
• College and Career Ready. Helping All Students Succeed Beyond High School
• eLEARNING - Global Strategic Business Report
• Commercial And Military Flight Simulation - Global Strategic Business Report
• Iran Defence and Security Report Q3 2011
• Linking Leadership to Student Learning
• Ghana Infrastructure Report Q1 2012
• Research Report on Chinese Securities Industry, 2009
• Making a Collection Count: A Holistic Approach to Library Collection Management