S&P Drops California School District COPs to BB-Plus

Saskal, Rich
March 2004
Bond Buyer;3/24/2004, Vol. 347 Issue 31848, p4
Trade Publication
Reports that the Standard & Poor's has downgraded certificates of participation issued by the Vallejo City, California Unified School District. Investigation of the condition of student school district's finances; Problem on budget; Assessment of the expenditure side of the budget.


Related Articles

  • Selling Modern Day Snake Oil. Fung, John; Mee, Brian; Essigs, Chuck // School Business Affairs;Feb2006, Vol. 72 Issue 2, p31 

    Discusses the stance of school administrators and teachers in Arizona on the 65% Solution initiative which calls for school districts to spend at least 65% of their current operating budgets on direct classroom instruction. Overview of a study conducted by the Standard and Poor's which...

  • The Problem with the "65 Percent Solution.".  // American Educator;Summer2006, Vol. 30 Issue 2, p3 

    Reports on a proposed law mandating that school districts in every U.S. state spend 65 percent of their budgets on classroom instruction. Scope of instruction expenditures, according to the National Center for Education Statistics Possible disadvantage of the 65 percent mandate; Analysis of the...

  • Shreveport at Risk. DeSue, Tedra // Bond Buyer;6/16/2005, Vol. 352 Issue 32155, p39 

    The article reports that Shreveport's outlook was revised to negative from stable by Standard & Poor's Corp. The change affects about $3% million of outstanding general obligation debt that has an underlying rating of A-plus. The negative outlook reflects the expectation that the city will have...

  • Tahoe Truckee USD Raised by S&P.  // Bond Buyer;7/26/2004, Vol. 349 Issue 31933, p2 

    Reports on the decision of Standard & Poor's Ratings Services to raise its rating on the general obligation (GO) bonds of Tahoe Truckee Unified School District in California. Basis of the upgrade; Details of upgrade of previous GO bonds of the district.

  • S&P Drops St. Vrain, Colo., District Below Investment Grade. Albanese, Elizabeth // Bond Buyer;12/20/2002, Vol. 342 Issue 31537, p4 

    Reports that the U.S. rating agency Standard & Poor has decreased the rating of Saint Vrain Valley School District No. RE-1J in Colorado from A-minus to BB. Amount of state loans to Saint Vrain schools during the year 2002; Details of the reduction in pay for the district's employees; Combined...

  • King Co., Wash., SD Upgraded to AA-Minus.  // Bond Buyer;2/9/2005, Vol. 351 Issue 32067, p2 

    Reports that Standard & Poor's Corp. has raised its underlying rating on King County, Washington, School District No. 210's outstanding general obligation (GO) debt one notch to AA-minus from A-plus. Agency's additional assignment of a AA-minus underlying rating and stable outlook to the...

  • FAR WEST Bond-Watch.  // Bond Buyer;5/27/2005, Vol. 352 Issue 32142, p47 

    The article presents news briefs related to government securities. A pooled note program for California school districts has drawn the top short-term rating from Standard & Poor's Corp. The agency assigned its SP-1-plus rating to California School Cash Reserve Program Authority's 2005 pool...

  • Spartanburg Schools Up. DeSue, Tedra // Bond Buyer;9/2/2004, Vol. 349 Issue 31961, p27 

    Reports on the move of Standard & Poor's Corp. to raise the underlying rating is assigns Spartanburg County School District No. 5 in Spartanburg, South Carolina. Effect of the upgrade on the district's continued tax base growth; Factors that contributed to the upgrade of the ratings; Assignment...

  • Jefferson County, Ala., May Sell $650M of School Debt Tomorrow. Sigo, Shelly // Bond Buyer;12/15/2004, Vol. 350 Issue 32030, p31 

    No abstract available.


Read the Article


Sign out of this library

Other Topics