State of South Dakota - Fitch Research

State of South Dakota

State of South Dakota - Fitch Research
State of South Dakota
Published Apr 19, 2024
7 pages (4053 words) — Published Apr 19, 2024
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About This Report

  
Brief Excerpt:

...The state's 'AAA' Issuer Default Rating (IDR) is supported by consistently well-managed fiscal operations, including strong reserve balances and a history of maintaining budgetary structural balance. The long-term liability burden is low for a state. The rating on vocational education program revenue bonds of the South Dakota Health and Educational Facilities Authority (SDHEFA) is one notch below the state's IDR, reflecting the slightly higher optionality risk associated with the state's annual appropriation requirement....

  
Report Type:

Rating Report

Company(ies)
South Dakota Health and Educational Facilities Authority , State of South Dakota
Format:
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Cite this Report

  
MLA:
Fitch Research. "State of South Dakota" Apr 19, 2024. Alacra Store. May 03, 2024. <http://www.alacrastore.com/fitch-credit-research/State-of-South-Dakota-RPT_10267500>
  
APA:
Fitch Research. (2024). State of South Dakota Apr 19, 2024. New York, NY: Alacra Store. Retrieved May 03, 2024 from <http://www.alacrastore.com/fitch-credit-research/State-of-South-Dakota-RPT_10267500>
  
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