| Title: | Summary: Miami Dade County School Board, Fla.; Appropriations; General Obligation |
| Price: | $175.00 |
| Publication Date: | May 05, 2008 |
| Report Type: | Summary |
| Abstract: | Standard&Poor's Ratings Services assigned its 'A' standard long-term rating, and stable outlook, to Miami Dade County School Board, Fla.'s series 2008B fixed-rate certificates of participation (COPs). In addition, Standard&Poor's affirmed its 'A+' standard long-term rating and underlying rating (SPUR), and stable outlook, on the district's GO debt and affirmed its 'A' standard long-term rating and SPUR, with a stable outlook, on the district's COPs. The 'A' rating reflects: The board's general creditworthiness as lessee; A master-lease structure under which the failure to appropriate for one series of lease payments causes the termination of all leases covered by the master agreement; An extra property tax levy, not subject to electorate approval, that can be used to pay |
| Brief Excerpt: | RESEARCH Ratings Definitions Summary: Miami Dade County School Board, Fla.; Appropriations; General Obligation Publication date: ##-May-#### Primary Credit Analyst: John Sugden-Castillo, New York (#) ###-###-####; john_sugden@standardandpoors.com... |
| Word Count: | 1898 |
| Issuer: | Miami Dade Cnty Sch Brd |
| Sector: | Public Finance |
| Country: | United States |
| Region: | United States |
| Format: | 
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