Report title: Madera Unified School District, California - (Election of 2002) GO bonds ser 2006
from Fitch Research
3 page (2041 word) report published Feb 24, 2006

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...The A+ rating reflects Madera Unifie d School District s (the district) strong gains in assessed valuation, sound financial operations with healthy reserves, and low debt levels. These factors are offset somewhat by growth-related capital needs and the district s limited economy, which is characterized by its agricultural roots, high unemployment, and low income levels. ...

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