East Pennsboro Area School District, PA Strong Historical Finances, Improved Economic Indicators Lift GO Rating To 'A+' - S&P Global Ratings’ Credit Research

East Pennsboro Area School District, PA Strong Historical Finances, Improved Economic Indicators Lift GO Rating To 'A+'

East Pennsboro Area School District, PA Strong Historical Finances, Improved Economic Indicators Lift GO Rating To 'A+' - S&P Global Ratings’ Credit Research
East Pennsboro Area School District, PA Strong Historical Finances, Improved Economic Indicators Lift GO Rating To 'A+'
Published Sep 25, 2012
Published Sep 25, 2012
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (Standard&Poor's) Sept. 25, 2012--Standard&Poor's Ratings Services raised its rating on East Pennsboro Area School District, Pa.'s general obligation (GO) debt one notch to 'A+' from 'A'. The outlook is stable. The upgrade reflects Standard&Poor's assessment of, what the rating service considers, the district's strong historical finances and improved economic indicators during a period of contracting state aid and increasing pension contributions. "We believe the district's economic stability and strong finances will continue due to management's demonstrated willingness to adjust expenditures despite increasing pension obligations. We also expect management to maintain, what we consider, its low debt because capital needs are limited," said Standard&Poor's credit analyst Ruth Shaw. "We are unlikely

  
Report Type:

Ratings Action

Issuer
Sector
Public Finance
Country
Region
Format:
HTML HTML
Buy Now

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "East Pennsboro Area School District, PA Strong Historical Finances, Improved Economic Indicators Lift GO Rating To 'A+'" Sep 25, 2012. Alacra Store. May 12, 2025. <http://www.alacrastore.com/s-and-p-credit-research/East-Pennsboro-Area-School-District-PA-Strong-Historical-Finances-Improved-Economic-Indicators-Lift-GO-Rating-To-A-1015891>
  
APA:
S&P Global Ratings’ Credit Research. (). East Pennsboro Area School District, PA Strong Historical Finances, Improved Economic Indicators Lift GO Rating To 'A+' Sep 25, 2012. New York, NY: Alacra Store. Retrieved May 12, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/East-Pennsboro-Area-School-District-PA-Strong-Historical-Finances-Improved-Economic-Indicators-Lift-GO-Rating-To-A-1015891>
  
US$ 150.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.