Summary: Broadalbin-Perth Central School District, New York; School State Program Dec 12

Standard & Poors, December 2012

Abstract
Standard & Poor's Ratings Services affirmed its 'A' rating, with a stable outlook, on Broadalbin-Perth Central School District, N.Y.'s general obligation debt. The rating reflects the district's own general creditworthiness and not its participation in the New York State Aid Intercept program. The rating reflects our opinion of the district's general creditworthiness, including its: Limited local economy with access to the broader Albany-Schenectady-Troy regional economy, Good financial position, and Low overall net debt with above-average amortization. The New York State Aid Intercept program provides additional security and acts as a floor to the 'A' rating. The 88-square-mile Broadalbin-Perth Central School District -- in Fulton, Saratoga (AA/Negative), and Montgomery (A/Stable) counties -- is 44 miles northwest of Albany (AA-/Stable), where it...

Companies mentioned in this report are:
- Broadalbin-Perth Cent Sch Dist

Action: Affirmed
Action: Outlook: Stable

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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.

- Broadalbin-Perth Cent Sch Dist

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