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Summary: Lyon County School District, Nevada; General Obligation Feb 13

  • ID: 2394008
  • February 2013
  • Region: Nevada
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services assigned its 'A+' issuer credit rating (ICR) to Lyon County School District, Nev.'s series 2013 general obligation (GO) limited-tax refunding bonds. In addition, Standard & Poor's affirmed its 'AAA' long-term rating on the district's GO debt outstanding, reflecting the credit enhancement of the Nevada School District Bond Guarantee Program. At the same time, we affirmed our 'A+' ICR, long-term rating, and underlying rating (SPUR) on the district's GO bonds outstanding. The outlook on all ratings is stable. The ratings reflect our view of the district's: Good median household and per capita effective buying income (EBI) levels, at 108% and 89% of the national averages, respectively; Strong financial position supported by established good financial policies and...

Companies mentioned in this report are:
- Lyon Cnty Sch Dist

Action: Affirmed
Action: New Rating
Action: Outlook: Stable

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- Lyon Cnty Sch Dist

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