Sangamon, Ill., Schools Upgraded by S&P

December 2004
Bond Buyer;12/9/2004, Vol. 350 Issue 32026, p2
Trade Publication
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.


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