Title:

Summary: River Delta Unified School District School Facilities Improvement District No. 2, California; General Obligation

Price:$175.00
Publication Date:May 06, 2008
Report Type:Summary
Abstract:Standard&Poor's Ratings Services assigned its 'A' rating, and stable outlook, to River Delta Unified School District School Facilities Improvement District No. 2, Calif.'s series 2008 general obligation (GO) bonds. The 'A' rating reflects the following credit factors: Declining average daily attendance (ADA), which drives the state funding formula; Structural imbalance in the budget, which is offset by the district's very strong general fund position at fiscal year-end 2007; and The district's convenient access to employment opportunities throughout the Sacramento, Yolo, and Solano county metropolitan statistical areas (MSAs) and good income indicators. The bonds are being issued to upgrade, renovate, furnish, and equip school facilities, and are general obligations of River Delta School Facilities Improvement District No. 2 (SFID).
Brief Excerpt:RESEARCH Ratings Definitions Summary: River Delta Unified School District School Facilities Improvement District No. #, California; General Obligation Publication date: ##-May-#### Primary Credit Analyst: Hilary A Sutton, New York...
Word Count:1211
Issuer:River Delta Unif Sch Dist Sch Facs Imp Dist #2
Sector:Public Finance
Country:United States
Region:United States
Format:HTML HTML
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