Research Update: Greenwood Community School Corp., IN Series 2025 Ad Valorem Property Tax First Mortgage Bonds Rated 'AA+' And 'AA-' - S&P Global Ratings’ Credit Research

Research Update: Greenwood Community School Corp., IN Series 2025 Ad Valorem Property Tax First Mortgage Bonds Rated 'AA+' And 'AA-'

Research Update: Greenwood Community School Corp., IN Series 2025 Ad Valorem Property Tax First Mortgage Bonds Rated 'AA+' And 'AA-' - S&P Global Ratings’ Credit Research
Research Update: Greenwood Community School Corp., IN Series 2025 Ad Valorem Property Tax First Mortgage Bonds Rated 'AA+' And 'AA-'
Published Oct 01, 2025
6 pages (2636 words) — Published Oct 01, 2025
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings assigned its 'AA+' long-term enhanced rating and 'AA-' underlying rating to Greenwood School Building Corp. , Ind.'s roughly $10 million series 2025 ad valorem property tax first mortgage bonds issued for Greenwood Community School Corp. We also affirmed our 'AA+' long-term enhanced rating and 'AA-' underlying rating on the school corporation?s existing debt. The outlooks on all ratings are stable. The rating reflects the application of our criteria: " Methodology For Rating U.S. Governments ," Sept. 9, 2024. The series 2025 first mortgage bonds are secured by lease payments, payable from ad valorem property taxes, and subject to state circuit-breaker tax caps, but are not subject to annual appropriation. We reviewed the lease under our criteria and

  
Brief Excerpt:

...Institutional framework (IF) 3 Individual credit profile (ICP) 2.60 Economy 5.5 Financial performance 2 Reserves and liquidity 1 Management 3.00 Debt and liabilities 1.50...

  
Report Type:

Research Update

Issuer
Greenwood Community School Corp.
Sector
Public Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Research Update: Greenwood Community School Corp., IN Series 2025 Ad Valorem Property Tax First Mortgage Bonds Rated 'AA+' And 'AA-'" Oct 01, 2025. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Greenwood-Community-School-Corp-IN-Series-2025-Ad-Valorem-Property-Tax-First-Mortgage-Bonds-Rated-AA-And-AA-3451414>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Greenwood Community School Corp., IN Series 2025 Ad Valorem Property Tax First Mortgage Bonds Rated 'AA+' And 'AA-' Oct 01, 2025. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Greenwood-Community-School-Corp-IN-Series-2025-Ad-Valorem-Property-Tax-First-Mortgage-Bonds-Rated-AA-And-AA-3451414>
  
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