Research Update: Cochrane-Fountain City Community School District, WI's GO Promissory Notes Assigned 'A+' Rating; Outlook Is Stable - S&P Global Ratings’ Credit Research

Research Update: Cochrane-Fountain City Community School District, WI's GO Promissory Notes Assigned 'A+' Rating; Outlook Is Stable

Research Update: Cochrane-Fountain City Community School District, WI's GO Promissory Notes Assigned 'A+' Rating; Outlook Is Stable - S&P Global Ratings’ Credit Research
Research Update: Cochrane-Fountain City Community School District, WI's GO Promissory Notes Assigned 'A+' Rating; Outlook Is Stable
Published May 14, 2025
Published May 14, 2025
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About This Report

  
Abstract:

S&P Global Ratings assigned its 'A+' long-term rating to the Cochrane-Fountain City Community School District , Wis.' $17.5 million general obligation (GO) promissory notes. The outlook is stable. The rating is based on the application of our " Methodology For Rating U.S. Governments ," published Sept. 9, 2024, on RatingsDirect. The bonds are secured by the district's unlimited ad valorem tax GO pledge and will finance renovations, enhancements of technology, and safety improvements within district facilities. On April 1, 2025, the issuance of the bonds passed voter referendum with strong support from the community. The 'A+' rating reflects the district's historically positive operational results and reserve levels, which are indicative of management's conservative budgeting practices and forward-looking planning. These factors

  
Report Type:

Research Update

Issuer
Cochrane-Fountain City Community School District
Sector
Public Finance
Country
Region
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Research Update: Cochrane-Fountain City Community School District, WI's GO Promissory Notes Assigned 'A+' Rating; Outlook Is Stable" May 14, 2025. Alacra Store. May 25, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Cochrane-Fountain-City-Community-School-District-WI-s-GO-Promissory-Notes-Assigned-A-Rating-Outlook-Is-Stable-3369130>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Cochrane-Fountain City Community School District, WI's GO Promissory Notes Assigned 'A+' Rating; Outlook Is Stable May 14, 2025. New York, NY: Alacra Store. Retrieved May 25, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Cochrane-Fountain-City-Community-School-District-WI-s-GO-Promissory-Notes-Assigned-A-Rating-Outlook-Is-Stable-3369130>
  
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