Research Update: Romeo Community Schools, MI 2025 GO Bonds Assigned 'AA' Long-Term Rating, 'A+' Underlying Rating - S&P Global Ratings’ Credit Research

Research Update: Romeo Community Schools, MI 2025 GO Bonds Assigned 'AA' Long-Term Rating, 'A+' Underlying Rating

Research Update: Romeo Community Schools, MI 2025 GO Bonds Assigned 'AA' Long-Term Rating, 'A+' Underlying Rating - S&P Global Ratings’ Credit Research
Research Update: Romeo Community Schools, MI 2025 GO Bonds Assigned 'AA' Long-Term Rating, 'A+' Underlying Rating
Published May 07, 2025
Published May 07, 2025
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About This Report

  
Abstract:

S&P Global Ratings assigned its 'AA' long-term rating and 'A+' underlying rating (SPUR) to Romeo Community School District , Mich.'s preliminary $11.7 million series 2025 unlimited-tax general obligation (GO) school building and site bonds. The outlook is stable. The electorate approved the series 2025 bonds at a November 2021 election, so the district's unlimited full-faith-and-credit pledge secures the series 2025 bonds. The series 2025 bonds are the third and final planned debt issuances of the authorized debt. Officials intend to use series 2025 bond proceeds to finance classroom renovations at the district's ninth-grade academy, coupled with playground, parking lot, and media center renovations at the district's elementary schools. The long-term rating reflects our view of the district's participation in the

  
Report Type:

Research Update

Issuer
Romeo Community School District
Sector
Public Finance
Country
Region
Format:
PDF Adobe Acrobat
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MLA:
S&P Global Ratings’ Credit Research. "Research Update: Romeo Community Schools, MI 2025 GO Bonds Assigned 'AA' Long-Term Rating, 'A+' Underlying Rating" May 07, 2025. Alacra Store. May 11, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Romeo-Community-Schools-MI-2025-GO-Bonds-Assigned-AA-Long-Term-Rating-A-Underlying-Rating-3365730>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Romeo Community Schools, MI 2025 GO Bonds Assigned 'AA' Long-Term Rating, 'A+' Underlying Rating May 07, 2025. New York, NY: Alacra Store. Retrieved May 11, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Romeo-Community-Schools-MI-2025-GO-Bonds-Assigned-AA-Long-Term-Rating-A-Underlying-Rating-3365730>
  
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