Title:

Kane County Forest Preserve District, IL's Series 2008 General Obligation Bonds Rated 'AA'

Price:$100.00
Publication Date:May 07, 2008
Report Type:News
Abstract:CHICAGO (Standard&Poor's) May 7, 2008--Standard&Poor's Ratings Services has assigned its 'AA' rating to Kane County Forest Preserve District, Ill.'s $8 million general obligation (GO) bonds series 2008. The outlook is stable. At the same time, the rating service affirmed its 'AA' standard long-term rating and Standard&Poor's underlying rating (SPUR) on the district's outstanding GO and limited-tax bonds. The ratings reflect the district's participation in the deep and diverse Chicago metropolitan area economy, above-average income and wealth levels; strong tax base growth leading to positive financial operations with very strong reserves; and moderate overall debt burden. "We expect that the district will, with the help of its growing tax base, maintain good financial operations and
Brief Excerpt:RESEARCH Ratings Definitions Kane County Forest Preserve District, IL's Series #### General Obligation Bonds Rated '##' Publication date: ##-May-#### Primary Credit Analyst: John Kenward, Chicago (#) ###-###-####; john_kenward@standardandpoors.com...
Word Count:658
Issuer:Kane Cnty Forest Preserve Dist
Sector:Public Finance
Country:United States
Region:United States
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