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S&P Credit Research1562 word report
published Nov 04, 2009
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S&P Credit Research
| Abstract: | Standard&Poor's Ratings Services assigned its 'AA-' long-term rating to Windsor Unified School District , Calif.'s 2008 election series C qualified school construction general obligation (GO) bonds. Standard&Poor's credit ratings do not address the tax credit component of this issue. At the same time, Standard&Poor's affirmed its 'AA-' underlying rating (SPUR) on Windsor USD's existing GO bonds and its 'A+' SPUR on the district's existing certificates of participation. The outlook is stable. The 'AA-' rating reflects our view of Windsor Unified's: Primarily residential tax base, with very strong median household effective buying incomes and extremely strong wealth, in northern Sonoma County; Stable average daily attendance (ADA), which drives the state funding formula; and Good available
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| Brief Excerpt: | RESEARCH Ratings Definitions Summary: Windsor Unified School District, California; Appropriations; General Obligation Publication date: 04-Nov-2009 Primary Credit Analyst: Hilary A Sutton, New York 212-438-7093; hilary_sutton@standardandpoors.com...
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| Report Type: | Summary
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| Issuer: | Windsor Unif Sch Dist
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| Sector: | Public Finance
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| Country: | United States
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| Region: | United States
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| Free Sample: |
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S&P Credit Research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.
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- Summary: Windsor Unifed School District, California; Appropriations; General Obligation $175.00
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