Standard & Poor's Ratings Services assigned its 'AA' rating and stable outlook to Tulsa County Independent School District No. 3 (Broken Arrow Board Of Education), Okla.'s series 2013 general obligation (GO) combined-purpose bonds and affirmed its 'AA' rating, with a stable outlook, on the district's existing GO debt. At the same time, Standard & Poor's affirmed its 'AA-' rating, with a stable outlook, on Tulsa County Industrial Authority, Okla.'s educational facilities lease-revenue bonds, supported by the district. The 'AA' rating continues to reflect our opinion of the district's: Inclusion in the diverse Tulsa metropolitan statistical area (MSA) economy and labor market, boosting wealth and income; Very strong finances, supported by strong financial management practices; and Moderate overall debt with the...
Companies mentioned in this report are:
- Tulsa Cnty Indpt Sch Dist #3-Broken Arrow Brd of Ed
- Tulsa Cnty Indl Auth
Action: New Rating
Action: Outlook: Stable
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