Round Rock Independent School District, TX: Update to credit analysis

Round Rock Independent School District, TX: Update following revision of outlook to negative - Credit Opinion – 2024/03/01 – US$ 250.00 – ...Round Rock ISD, TX (Aaa negative) benefits from a vibrant local economy experiencing continued growth and a healthy resident wealth and income profile. The district's financial position overall remains strong, despite a multi-year trend of operating deficits that have nearly halved reserves over the last seven years. Student enrollment has declined since the coronavirus pandemic, but is expected to remain stable going forward. The district's leverage is currently modest, though is likely to increase within the next few years as the district plans to issue additional debt to address deferred maintenance on aging facilities. On February 26 we affirmed the district's issuer and general obligation unlimited tax (GOULT) ratings at Aaa and revised the outlook to negative from stable....

Moody's revises Round Rock ISD, TX's outlook to negative, affirms Aaa issuer and GOULT ratings - Rating Action – 2024/02/26 – US$ 180.00 – ...MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS, AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS AND IT WOULD BE RECKLESS AND INAPPROPRIATE FOR RETAIL INVESTORS TO USE MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS OR PUBLICATIONS WHEN MAKING AN INVESTMENT DECISION. IF IN DOUBT YOU SHOULD CONTACT YOUR FINANCIAL OR OTHER PROFESSIONAL ADVISER. ALL INFORMATION CONTAINED HEREIN IS PROTECTED BY LAW, INCLUDING BUT NOT LIMITED TO, COPYRIGHT LAW, AND NONE OF SUCH INFORMATION MAY BE COPIED OR OTHERWISE REPRODUCED, REPACKAGED, FURTHER TRANSMITTED, TRANSFERRED, DISSEMINATED, REDISTRIBUTED OR RESOLD, OR STORED FOR SUBSEQUENT USE FOR ANY SUCH PURPOSE, IN WHOLE OR IN PART, IN ANY FORM OR MANNER OR BY ANY MEANS WHATSOEVER, BY ANY PERSON WITHOUT MOODY'S PRIOR WRITTEN CONSENT. MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY ANY PERSON AS A BENCHMARK AS THAT TERM IS DEFINED FOR REGULATORY PURPOSES AND MUST NOT BE USED IN ANY WAY THAT...

Round Rock Independent School District, TX: Annual comment onRound Rock ISD - Issuer Comment – 2023/11/21 – US$ 200.00 – ...Economy Resident income Median Household Income (MHI), adjusted for Regional Price Parity (RPP), as a % of the US MHI: American Community Survey (US Census Bureau) RPP: US Bureau of Economic Analysis Full value ($000) Estimated market value of taxable property accessible to the district State repositories, district's audited financial reports, offering documents or continuing disclosure Population Population of school district American Community Survey (US Census Bureau) Full value per capita Full value / population of school district Enrollment Student enrollment of school district State data publications Enrollment trend 3-year Compound Annual Growth Rate (CAGR) of Enrollment State data publications; Moody's Investors Service Financial performance Operating revenue ($000) Total annual operating revenue in what we consider to be the district's operating funds Audited financial statements Avalable fund balance ($000) Committed, assigned and unassigned fund balances in what we consider to...

Round Rock Independent School District, TX: Update to credit analysis - Credit Opinion – 2022/03/11 – US$ 250.00 – ...Round Rock ISD, TX (Aaa stable) benefits from a vibrant local economy experiencing continued rapid growth and well-managed financial operations which have resulted in strong financial reserves. Additionally, the district has a healthy resident wealth and income profile and a historically growing enrollment base, which is expected to rebound following two years of pandemic-related declines. The district's debt profile is elevated compared to Aaa rated peers, reflecting the district's capital needs to accommodate growth. The high debt burden is somewhat offset by the district's modest pension burden....

Moody's assigns Aaa UND/Aaa ENH to Round Rock ISD, TX's Series 2022 GOs; stable outlook - Rating Action – 2022/03/09 – US$ 180.00 – ...MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS, AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS AND IT WOULD BE RECKLESS AND INAPPROPRIATE FOR RETAIL INVESTORS TO USE MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS OR PUBLICATIONS WHEN MAKING AN INVESTMENT DECISION. IF IN DOUBT YOU SHOULD CONTACT YOUR FINANCIAL OR OTHER PROFESSIONAL ADVISER. ALL INFORMATION CONTAINED HEREIN IS PROTECTED BY LAW, INCLUDING BUT NOT LIMITED TO, COPYRIGHT LAW, AND NONE OF SUCH INFORMATION MAY BE COPIED OR OTHERWISE REPRODUCED, REPACKAGED, FURTHER TRANSMITTED, TRANSFERRED, DISSEMINATED, REDISTRIBUTED OR RESOLD, OR STORED FOR SUBSEQUENT USE FOR ANY SUCH PURPOSE, IN WHOLE OR IN PART, IN ANY FORM OR MANNER OR BY ANY MEANS WHATSOEVER, BY ANY PERSON WITHOUT MOODY'S PRIOR WRITTEN CONSENT. MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY ANY PERSON AS A BENCHMARK AS THAT TERM IS DEFINED FOR REGULATORY PURPOSES AND MUST NOT BE USED IN ANY WAY THAT...

Moody's assigns Aaa UND/Aaa ENH to Round Rock ISD, TX's Series 2021 GOULT - Rating Action – 2021/03/22 – US$ 180.00 – ...MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS, AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS AND IT WOULD BE RECKLESS AND INAPPROPRIATE FOR RETAIL INVESTORS TO USE MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS OR PUBLICATIONS WHEN MAKING AN INVESTMENT DECISION. IF IN DOUBT YOU SHOULD CONTACT YOUR FINANCIAL OR OTHER PROFESSIONAL ADVISER. ALL INFORMATION CONTAINED HEREIN IS PROTECTED BY LAW, INCLUDING BUT NOT LIMITED TO, COPYRIGHT LAW, AND NONE OF SUCH INFORMATION MAY BE COPIED OR OTHERWISE REPRODUCED, REPACKAGED, FURTHER TRANSMITTED, TRANSFERRED, DISSEMINATED, REDISTRIBUTED OR RESOLD, OR STORED FOR SUBSEQUENT USE FOR ANY SUCH PURPOSE, IN WHOLE OR IN PART, IN ANY FORM OR MANNER OR BY ANY MEANS WHATSOEVER, BY ANY PERSON WITHOUT MOODY'S PRIOR WRITTEN CONSENT. MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY ANY PERSON AS A BENCHMARK AS THAT TERM IS DEFINED FOR REGULATORY PURPOSES AND MUST NOT BE USED IN ANY WAY THAT...

Round Rock Independent School District, TX: Annual Comment on Round Rock ISD - Issuer Comment – 2020/05/08 – US$ 200.00 – ... data sources; Offering statements; Moody's Investors Service EXHIBIT 4...

Moody's assigns Aaa underlying to Round Rock ISD's, TX GOULT Series 2019A&B; outlook stable - Rating Action – 2019/10/31 – US$ 180.00 – ...MOODY'S CREDIT RATINGS AND MOODY'S PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS AND IT WOULD BE RECKLESS AND INAPPROPRIATE FOR RETAIL INVESTORS TO USE MOODY'S CREDIT RATINGS OR MOODY'S PUBLICATIONS WHEN MAKING AN INVESTMENT DECISION. IF IN DOUBT YOU SHOULD CONTACT YOUR FINANCIAL OR OTHER PROFESSIONAL ADVISER. ALL INFORMATION CONTAINED HEREIN IS PROTECTED BY LAW, INCLUDING BUT NOT LIMITED TO, COPYRIGHT LAW, AND NONE OF SUCH INFORMATION MAY BE COPIED OR OTHERWISE REPRODUCED, REPACKAGED, FURTHER TRANSMITTED, TRANSFERRED, DISSEMINATED, REDISTRIBUTED OR RESOLD, OR STORED FOR SUBSEQUENT USE FOR ANY SUCH PURPOSE, IN WHOLE OR IN PART, IN ANY FORM OR MANNER OR BY ANY MEANS WHATSOEVER, BY ANY PERSON WITHOUT MOODY'S PRIOR WRITTEN CONSENT. CREDIT RATINGS AND MOODY'S PUBLICATIONS ARE NOT INTENDED FOR USE BY ANY PERSON AS A BENCHMARK AS THAT TERM IS DEFINED FOR REGULATORY PURPOSES AND MUST NOT BE USED IN ANY WAY THAT COULD RESULT IN THEM BEING CONSIDERED A BENCHMARK. ANY WAY THAT COULD RESULT...

Round Rock Independent School District, TX: Annual Comment on Round Rock ISD - Issuer Comment – 2019/04/12 – US$ 200.00 – ... data sources; Offering statements; Moody's Investors Service EXHIBIT 4...

Round Rock Independent School District, TX: Update to credit analysis - Credit Opinion – 2019/03/26 – US$ 250.00 – ...The credit profile of Round Rock Independent School District, TX (Aaa stable) benefits from the district's vibrant local economy and tax base which continues to grow rapidly, a very healthy reserve position stemming from well-managed financial operations, a favorable resident wealth and income profile, and low pension burden. The profile faces limited constraint from the district's above average, though manageable, debt profile that is reflective of the district's rapid ongoing growth....