Summary: Cass County School District R-III (Pleasant Hill), Missouri; School State Program - S&P Global Ratings’ Credit Research

Summary: Cass County School District R-III (Pleasant Hill), Missouri; School State Program

Summary: Cass County School District R-III (Pleasant Hill), Missouri; School State Program - S&P Global Ratings’ Credit Research
Summary: Cass County School District R-III (Pleasant Hill), Missouri; School State Program
Published Jun 15, 2018
4 pages (1587 words) — Published Jun 15, 2018
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings assigned its 'AA+' long-term rating to Cass County School District R-III (Pleasant Hill), Mo.'s series 2018 general obligation (GO) bonds. The outlook is stable. The 'AA+' rating reflects our view of the school district's eligibility for, and participation in, the Missouri Direct Deposit of State Aid Program. Proceeds of the bonds will be used to make various improvements throughout the district for safety needs, room upgrades, and roof replacements. In 1995, the Missouri Legislature adopted Senate Bill 301 that established a program to assist Missouri school districts with their financing needs. This rating moves in tandem with the state GO rating, keeping the relative rating differential between the program and state GO rating constant. Any school district

  
Brief Excerpt:

...S&P Global Ratings assigned its '##+' long-term rating to Cass County School District R-III (Pleasant Hill), Mo.'s series 2018 general obligation (GO) bonds. The outlook is stable. The '##+' rating reflects our view of the school district's eligibility for, and participation in, the Missouri Direct Deposit of State Aid Program. Proceeds of the bonds will be used to make various improvements throughout the district for safety needs, room upgrades, and roof replacements....

  
Report Type:

Summary

Issuer
Cass Cnty Sch Dist R-III (Pleasant Hill)
Sector
Public Finance
Country
United States
Region
United States
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Cass County School District R-III (Pleasant Hill), Missouri; School State Program" Jun 15, 2018. Alacra Store. May 10, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Cass-County-School-District-R-III-Pleasant-Hill-Missouri-School-State-Program-2057148>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Cass County School District R-III (Pleasant Hill), Missouri; School State Program Jun 15, 2018. New York, NY: Alacra Store. Retrieved May 10, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Cass-County-School-District-R-III-Pleasant-Hill-Missouri-School-State-Program-2057148>
  
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