Murray County Independent School District No.1, OK 'A-' Bond Rating Affirmed And Removed From Under Criteria Observation

DALLAS (S&P Global Ratings) Dec. 6, 2024--S&P Global Ratings affirmed its 'A-' long-term rating on Murray County Educational Facilities Authority, Okla.'s outstanding lease revenue bonds, issued on behalf of the Murray County Independent School District No. 1 (Sulphur), based on the application of its "Methodology For Rating U.S. Governments" criteria, published Sept. 9, 2024, on RatingsDirect, and removed it from Under Criteria Observation (UCO). The outlook is stable. "The rating reflects our view of the district's concentrated local economy, stable financial profile with healthy nominal reserves, and a manageable debt burden," said S&P Global Ratings credit analyst Melissa Banuelos. The outlook reflects our expectations for tax base stability, balanced financial performance, and maintenance of reserves above $2 million on a

...December 6, 2024 DALLAS (S&P Global Ratings) Dec. 6, 2024--S&P Global Ratings affirmed its 'A-' long-term rating on Murray County Educational Facilities Authority, Okla.'s outstanding lease revenue bonds, issued on behalf of the Murray County Independent School District No. 1 (Sulphur), based on the application of its "Methodology For Rating U.S. Governments" criteria, published Sept. 9, 2024, on RatingsDirect, and removed it from Under Criteria Observation (UCO). The outlook is stable. "The rating reflects our view of the district's concentrated local economy, stable financial profile with healthy nominal reserves, and a manageable debt burden," said S&P Global Ratings credit analyst Melissa Banuelos. The outlook reflects our expectations for tax base stability, balanced financial performance, and maintenance of reserves above $2 million on a consistent basis....

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