Summary: Lake County Township High School District No. 121 (Warren), Illinois; General Obligation Oct 12
- Language: English
- Published: October 2012
- Region: Illinois
Standard & Poor's Ratings Services assigned its 'AA+' long-term rating to Lake County Township High School District No. 121 (Warren), Ill.'s series 2013A general obligation (GO) refunding school bonds and series 2013B taxable GO refunding school bonds. At the same time, Standard & Poor's affirmed its 'AA+' long-term rating and underlying rating (SPUR) on the district's previously issued GO bonds. The outlook is stable. The rating reflects our view of the district's: Strong economy, with good access to employment in the diverse Chicago metropolitan area; Very strong incomes and market value per capita; Very strong reserves with strong financial management practices; and Moderate overall debt burden as a percentage of market value. Revenue from the district's unlimited-tax GO pledge secures...
Companies mentioned in this report are:
- Lake Cnty Twp High Sch Dist #121 Warren
Action: New Rating
Action: Outlook: Stable
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