TITLE

Sangamon, Ill., Schools Upgraded by S&P

PUB. DATE
December 2004
SOURCE
Bond Buyer;12/9/2004, Vol. 350 Issue 32026, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Standard & Poor Corp.'s has raised its rating on Sangamon County, Illinois, School District No, !86's outstanding general obligation bonds to A from Aminus, reflecting the closure of a multiyear operating deficit and improved reserves. The district's credit factors also include a stable economy, a moderate debt burden with rapid amortization, and average wealth and income measures. The stable outlook reflects the expectation that the district will experience economic stability and maintain balanced financial operations.
ACCESSION #
15317144

 

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