TITLE

Livermore Stable

AUTHOR(S)
Kelemen, Jasmina
PUB. DATE
March 2005
SOURCE
Bond Buyer;3/4/2005, Vol. 351 Issue 32083, p35
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Standard & Poor's Corp. raised Livermore Valley Joint Unified School District's rating outlook to stable from negative and affirmed the system's A-plus underlying rating. The outlook revision reflects the district's improved financial performance, stemming from expenditure reductions and new revenue flowing from the recent passage of a local parcel tax, the rating agency said in its report. The action affects $73 million of outstanding debt. The district, with a population of about 78,000, is about 40 miles southeast of San Francisco, California.
ACCESSION #
16314304

 

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