Research Update: McKinleyville Union School District, CA GO Bonds Rated 'A+'; Outlook Stable - S&P Global Ratings’ Credit Research

Research Update: McKinleyville Union School District, CA GO Bonds Rated 'A+'; Outlook Stable

Research Update: McKinleyville Union School District, CA GO Bonds Rated 'A+'; Outlook Stable - S&P Global Ratings’ Credit Research
Research Update: McKinleyville Union School District, CA GO Bonds Rated 'A+'; Outlook Stable
Published May 02, 2025
Published May 02, 2025
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Abstract:

S&P Global Ratings assigned its 'A+' rating to McKinleyville Union School District , Calif.'s roughly $4.3 million series A general obligation (GO) bonds (election of 2024) and roughly $4.3 million series 2025 GO refunding bonds. At the same time, S&P Global Ratings affirmed its 'A+' rating on the district's existing GO debt. The outlook is stable. The rating reflects the application of its criteria, ? Methodology For Rating U.S. Governments ,? published Sept. 9, 2024, on RatingsDirect. Revenue from unlimited ad valorem taxes, levied on taxable property in the district, secures the GO bonds. Officials intend to use series A bond proceeds to finance improvements to district facilities. For this series A issuance, the district board has authorized an amount

  
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Research Update

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Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Research Update: McKinleyville Union School District, CA GO Bonds Rated 'A+'; Outlook Stable" May 02, 2025. Alacra Store. May 03, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-McKinleyville-Union-School-District-CA-GO-Bonds-Rated-A-Outlook-Stable-3363258>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: McKinleyville Union School District, CA GO Bonds Rated 'A+'; Outlook Stable May 02, 2025. New York, NY: Alacra Store. Retrieved May 03, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-McKinleyville-Union-School-District-CA-GO-Bonds-Rated-A-Outlook-Stable-3363258>
  
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