Summary: Gasconade County R-I School District, Missouri; School State Program Jan 13

Standard & Poors, January 2013

Abstract
Standard & Poor's Ratings services assigned its 'AA+' long term rating to Gasconade County R-I School District, Mo.'s series 2013 general obligation (GO) school refunding bonds. We also affirmed our 'AA+' long-term and underlying (SPUR) ratings on the district's existing GO bonds, reflecting participation in the Missouri Direct Deposit program. At the same time, Standard & Poor's assigned its 'A+' school issuer credit rating (ICR) to the series 2013 GO bonds. We also affirmed our 'A+' school ICR on the district's existing debt. The outlook on all ratings is stable. The 'A+' school ICR reflects: Stable local tax and employment base, supporting adequate to good incomes and strong market value per capita; Good financial management practices leading to historical maintenance...

Companies mentioned in this report are:
- Gasconade Cnty R-I Sch Dist

Action: Affirmed
Action: New Rating
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.

- Gasconade Cnty R-I Sch Dist

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