Moodys Change Sparks $3B in South Carolina School Upgrades

DeSue, Tedra
March 2005
Bond Buyer;3/17/2005, Vol. 351 Issue 32092, p29
Trade Publication
Reports on the revision of the credit ratings given by Moody's Investors Service Inc. to school districts in South Carolina. Recognition of the key role counties have in managing school district debt; Role played by counties in levying and collecting property taxes and paying school bond debt service; Responsibility of the county treasurer to collect tax on all taxable property in the school district to pay debt service on school general obligations.


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