Madera Unified School District, California - (Election of 2006) GO bonds ser 2007 - New Issue - 2007/03/02 - Fitch Research

Report title: Madera Unified School District, California - (Election of 2006) GO bonds ser 2007

from Fitch Research
3 page (2040 word) report published Mar 02, 2007

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...The A+ rating reflects Madera Unif ied School District s strong gains in assessed valuation, sound financia l operations with healthy reserves, and low debt levels. These factor s are offset somewhat by below- average debt amortization, 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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