Jefferson County Board of Education, KY's 2016A Revenue Bonds Rated 'AA-'; Other Ratings Affirmed - S&P Global Ratings’ Credit Research

Jefferson County Board of Education, KY's 2016A Revenue Bonds Rated 'AA-'; Other Ratings Affirmed

Jefferson County Board of Education, KY's 2016A Revenue Bonds Rated 'AA-'; Other Ratings Affirmed - S&P Global Ratings’ Credit Research
Jefferson County Board of Education, KY's 2016A Revenue Bonds Rated 'AA-'; Other Ratings Affirmed
Published Jun 10, 2016
3 pages (1261 words) — Published Jun 10, 2016
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Abstract:

CHICAGO (S&P Global Ratings) June 10, 2016--S&P Global Ratings assigned its 'AA-' long-term rating to Jefferson County School District Finance Corp., Ky.'s series 2016A school building revenue bonds, issued for the Jefferson County Board of Education (the district). At the same time, S&P Global Ratings affirmed its 'AA-' long-term rating and underlying rating (SPUR) on the corporation's existing appropriation debt supported by the district, and its 'AA' issuer credit rating (ICR) on the district. The outlook is stable. "The 'AA' ICR reflects our assessment of the district's broad and diverse local economy, very strong per capita market value, strong available reserves, and low overall debt burden," said S&P Global Ratings credit analyst Jessica Akey. Officials will use the series 2016A

  
Brief Excerpt:

...CHICAGO (S&P Global Ratings) June 10, 2016--S&P Global Ratings assigned its '##-' long-term rating to Jefferson County School District Finance Corp., Ky.'s series 2016A school building revenue bonds, issued for the Jefferson County Board of Education (the district). At the same time, S&P Global Ratings affirmed its '##-' long-term rating and underlying rating (SPUR) on the corporation's existing appropriation debt supported by the district, and its '##' issuer credit rating (ICR) on the district. The outlook is stable. "The '##' ICR reflects our assessment of the district's broad and diverse local economy, very strong per capita market value, strong available reserves, and low overall debt burden," said S&P Global Ratings credit analyst Jessica Akey. Officials will use the series 2016A bond proceeds to construct and equip various school buildings and related facilities. The district serves an estimated population of 762,627. In our opinion, median household effective buying income (EBI)...

  
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Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Jefferson County Board of Education, KY's 2016A Revenue Bonds Rated 'AA-'; Other Ratings Affirmed" Jun 10, 2016. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Jefferson-County-Board-of-Education-KY-s-2016A-Revenue-Bonds-Rated-AA-Other-Ratings-Affirmed-1654361>
  
APA:
S&P Global Ratings’ Credit Research. (). Jefferson County Board of Education, KY's 2016A Revenue Bonds Rated 'AA-'; Other Ratings Affirmed Jun 10, 2016. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Jefferson-County-Board-of-Education-KY-s-2016A-Revenue-Bonds-Rated-AA-Other-Ratings-Affirmed-1654361>
  
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