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Summary: Lake County Township High School District No. 121 (Warren), Illinois; General Obligation Feb 13 Product Image

Summary: Lake County Township High School District No. 121 (Warren), Illinois; General Obligation Feb 13

  • ID: 2404582
  • February 2013
  • Region: Illinois
  • Standard & Poors

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

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- Lake Cnty Twp High Sch Dist #121 Warren

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

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