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Summary: DuPage County School District No. 53 (Butler), Illinois; General Obligation Jan 13 Product Image

Summary: DuPage County School District No. 53 (Butler), Illinois; General Obligation Jan 13

  • Published: January 2013
  • Region: Illinois
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services affirmed its 'AAA' long-term rating on DuPage County School District No. 53 (Butler), Ill.'s general obligation (GO) debt outstanding. At the same time, Standard & Poor's affirmed its 'AA+' long-term rating on the district's existing debt certificates. The outlook is stable. The ratings reflect our view of the district's: Strong and stable economy in Oak Brook, Ill., including a strong corporate tax base, and access to the deep and diverse Chicago area economy; Very strong income and market value per capita indicators; High cash reserve level with a history of positive operating results and no budget pressures; and Good financial management policies. We understand that the district's outstanding capital needs are significant but that management...

Companies mentioned in this report are:
- DuPage Cnty Sch Dist #53 (Butler)

Action: Affirmed
Action: Outlook: Stable

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- DuPage Cnty Sch Dist #53 (Butler)

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