TITLE

Muskogee Co., Okla., ISD Downgraded to BBB by S&P

AUTHOR(S)
Watts, Jim
PUB. DATE
May 2006
SOURCE
Bond Buyer;5/23/2006, Vol. 356 Issue 32387, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the ratings given by Standard & Poor's Corp. (S&P) on the general obligation (GO) debt of Independent School District No. 20 in Muskogee County, Oklahoma. S&P has lowered its long-term and underlying ratings of the district's GO debt to BBB from A-minus, citing the district's recent general-fund balance drawn-down and its negative cash position as of June 30, 2005.
ACCESSION #
20969870

 

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