| Title: | Richardson Independent School District, TX GO Debt Ratings Raised To 'AA+' |
| Price: | $100.00 |
| Publication Date: | Apr 30, 2008 |
| Report Type: | News |
| Abstract: | DALLAS (Standard&Poor's) April 30, 2008--Standard&Poor's Ratings Services raised its issuer credit rating (ICR), its standard long-term rating, and its underlying rating (SPUR) on Richardson Independent School District, Texas' general obligation debt to 'AA+' from 'AA' based on the long-term trend of strong financial operations despite state funding constraints, resulting in a very strong general fund position. Standard&Poor's also assigned its 'AA+' standard long-term rating to the district's $35 million series 2008 unlimited-tax GO school building bonds. The outlook on the ratings above is stable. The 'AAA' enhanced program rating reflects the guarantee provided by the Texas Permanent School Fund. The 'AA+' ICR reflects the district's participation in the diverse Dallas-Fort Worth metropolitan statistical area |
| Brief Excerpt: | RESEARCH Ratings Definitions Richardson Independent School District, TX GO Debt Ratings Raised To '##+' Publication date: ##-Apr-#### Primary Credit Analyst: Paul Jasin, Dallas (#) ###-###-####; paul_jasin@standardandpoors.com Secondary... |
| Word Count: | 630 |
| Issuer: | Richardson Indpt Sch Dist |
| Sector: | Public Finance |
| Country: | United States |
| Region: | United States |
| Format: | 
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