Home Credit Ratings and Research S&P Global Ratings’ Credit Research Plano

Plano,TX $24.33M GO Bonds Rated 'AAA'; Outlook Stable

Published Feb 24, 2000

About This Report

Abstract:

NEW YORK (Standard&Poor's CreditWire) Feb. 24, 2000--Standard&Poor's today assigned its triple-'A' rating to Plano, Texas' $24.33 million GO bonds series 2000 dated Feb. 15, 2000, due Sept. 1, 2020. In addition, Standard&Poor's raised its rating on the city's $227.62 million GO bonds to triple-'A' from double-'A'-plus. The outlook is stable. The upgrade reflects: -- A diversified economic base with significant ongoing additional investment, -- Sustained strong assessed value (AV) growth enhanced by the city's highly desirable location 20 miles north of the Dallas MSA, -- Significantly above-average wealth and income levels, -- Conservative financial and debt management policies reflected in monthly expenditure and revenue reporting, -- Extremely strong general fund reserve levels augmented by

Report Type:

Ratings Action

Issuer

Plano

Sector

Public Finance

Country

United States

Region

United States

Format:

PDF

Plano, TX's GO Bonds and Tax Notes Rated 'AAA' – 2001/01/31 – US$ 150.00

Plano, Texas; General Obligation, Local GO – 2001/01/31 – US$ 500.00

Summary: Plano, TX; General Obligation, Local GO – 2001/01/31 – US$ 225.00

Summary: Plano, TX; Utility, Water/Sewer – 2001/04/23 – US$ 225.00

Summary: Plano, TX; Utility, Water/Sewer – 2001/04/26 – US$ 225.00

Plano, Texas; General Obligation, Local GO – 2000/02/24 – US$ 500.00

Summary: Plano, TX; General Obligation, Local GO – 2000/02/24 – US$ 225.00

Summary: Plano, TX; Revenue - Utility, Other Utility; Revenue - Utility, Water/Sewer – 1999/02/01 – US$ 225.00

S&P Rates Plano, TX GO Bonds `AA+';Upgrades Outst GOs – 1999/01/21 – US$ 150.00

Plano, Texas; General Obligation, Local GO – 1999/01/21 – US$ 500.00

More from S&P Global Ratings’ Credit Research

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. "Plano,TX $24.33M GO Bonds Rated 'AAA'; Outlook Stable" Feb 24, 2000. Alacra Store. May 25, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Plano-TX-24-33M-GO-Bonds-Rated-AAA-Outlook-Stable-142096>

APA:	S&P Global Ratings’ Credit Research. (). Plano,TX $24.33M GO Bonds Rated 'AAA'; Outlook Stable Feb 24, 2000. New York, NY: Alacra Store. Retrieved May 25, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Plano-TX-24-33M-GO-Bonds-Rated-AAA-Outlook-Stable-142096>

US$ 150.00

$ £ €

Have a Question?

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

Example Report

Click to View Sample Report

More Research

Search all our Credit Research from one place.