TITLE

S&P Drops St. Vrain, Colo., District Below Investment Grade

AUTHOR(S)
Albanese, Elizabeth
PUB. DATE
December 2002
SOURCE
Bond Buyer;12/20/2002, Vol. 342 Issue 31537, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that the U.S. rating agency Standard & Poor has decreased the rating of Saint Vrain Valley School District No. RE-1J in Colorado from A-minus to BB. Amount of state loans to Saint Vrain schools during the year 2002; Details of the reduction in pay for the district's employees; Combined attempts of the school districts' officials and Colorado Treasurer Mike Coffman to bridge the district's budget deficit.
ACCESSION #
8909447

 

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