School's Out -Forever
- Pennsylvania Intercept Programs Seen as Strong Despite Downgrades. Burton, Paul // Bond Buyer;1/26/2016, Vol. 1 Issue 34449, p1
Pennsylvania's intercept programs for school districts remain a strong credit feature despite downgrades related to the state's budget impasse, said Janney.
- Glastonbury, Conn., to Sell $18.5M Of GOs, $3M of Notes for Schools. Helen Chang // Bond Buyer;5/3/2005, Vol. 352 Issue 32124, p29
The article reports that authorities at Glastonbury, Connecticut, will sell US$18.5 million of general obligation (GO) bonds and US$3 million of GO bond anticipation notes to fund its high school and elementary school projects. The bonds and notes carry Aa1 and MIG-1 ratings, respectively, from...
- Texas' Progreso ISD Gets Fitch Upgrade to BBB-Plus head of Deal. Philyaw, Jason // Bond Buyer;9/12/2006, Vol. 357 Issue 32464, p32
The article reports on the upgraded credit rating of the Progreso Independent School District (ISD) which is located in Dallas, Texas. The Fitch Ratings upgraded its ratings to BBB-plus from BBB because it is ahead of an $8 million issue of unlimited-tax school building bonds and it will be...
- Teams to Split Debts, Assets of Utah's Largest School District. Williamson, Richard // Bond Buyer;12/20/2007, Vol. 362 Issue 32778, p32
The article reports on the division of assets and liabilities of the Jordan School District, the largest school district in Utah. Five-member teams from the east and west sides of the district will divide assets ranging from schools, books and buses to a Norman Rockwell painting. This move will...
- OREGON: Sherwood Gets Raised. Saskal, Rich // Bond Buyer;12/29/2006, Vol. 358 Issue 32538, p29
The article reports on the changes on the credit rating for the Sherwood School District 88J in Oregon. The credit rating for the school district was upgraded by Moody's Investors Service from A2 to A1. The rating and upgrade reflect the district's rapid growth. Furthermore, the growth has also...
- Rainy-Day Fund May Be Key to Improving Washington-Area Transit Credit. Sanchez, Humberto // Bond Buyer;10/19/2004, Vol. 350 Issue 31992, p4
Reports on the credit quality of the Washington Metropolitan Area Transit Authority. Limiting of the rainy-day operating fund to two percent of the operating budget.
- City's bond rating in jeopardy. Zwilling, James // Inside Tucson Business;5/31/2004, Vol. 13 Issue 48, p1
Forecasts the decline of the existing bond rating of the city of Tucson, Arizona and its implications for economic development. Existing credit rating; Revenue from taxation; Implications for increased interest rates on bonds and increased budget deficit.
- All Eyes on Puerto Rico. Meyers, Maxwell; Cataldo, Adam L. // Bond Buyer;3/30/2006, Vol. 355 Issue 32350, p1
The article reports that municipal market participants are monitoring Puerto Rico's legislature as it prepares to negotiate over the 2007 fiscal year budget. The budget outcome will affect the credit rating of approximately $27 billion of Puerto Rico debt. Puerto Rico is popular among retail...
- Chicago Finance Leaders: Don't Drain Reserve for Pensions. Shields, Yvette // Investment Management Mandate Pipeline;10/22/2014, p2
Chicago's general obligation bond ratings will remain pressured until the city fully fixes its pension mess, top city finance officials told aldermen this week.