Summary: Humble Independent School District, Texas; General Obligation; School State Program - S&P Global Ratings’ Credit Research

Summary: Humble Independent School District, Texas; General Obligation; School State Program

Summary: Humble Independent School District, Texas; General Obligation; School State Program - S&P Global Ratings’ Credit Research
Summary: Humble Independent School District, Texas; General Obligation; School State Program
Published Jul 12, 2018
Published Jul 12, 2018
Price US$ 225.00  |  Buy this Report Now

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Abstract:

S&P Global Ratings assigned its 'AA-' underlying rating and 'AAA' program rating to Humble Independent School District (ISD), Texas' series 2018 unlimited-tax school building bonds. At the same time, we affirmed our 'AA-' underlying rating on the district's existing debt. The outlook is stable. The program rating reflects our assessment of the strength and stability of the Texas Permanent School Fund bond guarantee program. (For more information on the permanent school fund, please see our report published June 8, 2018 on RatingsDirect.) The bonds are secured by revenue from an unlimited-ad valorem tax levied on all taxable property in the district. Proceeds from the bonds will be used to acquire, construct, equip, and purchase sites for school buildings within the

  
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Summary

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Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Humble Independent School District, Texas; General Obligation; School State Program" Jul 12, 2018. Alacra Store. Jul 20, 2018. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Humble-Independent-School-District-Texas-General-Obligation-School-State-Program-2070718>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Humble Independent School District, Texas; General Obligation; School State Program Jul 12, 2018. New York, NY: Alacra Store. Retrieved Jul 20, 2018 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Humble-Independent-School-District-Texas-General-Obligation-School-State-Program-2070718>
  
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