Summary: City View Independent School District, Texas; General Obligation; School State Program - S&P Global Ratings’ Credit Research

Summary: City View Independent School District, Texas; General Obligation; School State Program

Summary: City View Independent School District, Texas; General Obligation; School State Program - S&P Global Ratings’ Credit Research
Summary: City View Independent School District, Texas; General Obligation; School State Program
Published Aug 05, 2024
6 pages (2098 words) — Published Aug 05, 2024
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings assigned its 'A' long-term rating to City View Independent School District (ISD), Texas' anticipated $2.5 million series 2024 maintenance tax notes. At the same time, S&P Global Ratings affirmed its 'A' underlying rating on the district's existing unlimited-tax debt. The outlook on all ratings is stable. A limited, direct annual ad valorem tax levied for maintenance purposes secures the series 2024 notes. Officials intend to use series 2024 note proceeds to fund baseball and softball turf fields. An unlimited ad valorem tax, levied on all taxable property within the district, secures the existing general obligation debt. We do not make a rating distinction between the district's limited- and unlimited-tax debt because the property tax base is coterminous

  
Brief Excerpt:

...+ S&P Global Ratings assigned its 'A' long-term rating to City View Independent School District (ISD), Texas' anticipated $2.5 million series 2024 maintenance tax notes. + At the same time, S&P Global Ratings affirmed its 'A' underlying rating on the district's existing unlimited-tax debt. + The outlook on all ratings is stable....

  
Report Type:

Summary

Issuer
Sector
Public Finance
Country
Region
Format:
PDF Adobe Acrobat
Buy Now

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Summary: City View Independent School District, Texas; General Obligation; School State Program" Aug 05, 2024. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Summary-City-View-Independent-School-District-Texas-General-Obligation-School-State-Program-3225356>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: City View Independent School District, Texas; General Obligation; School State Program Aug 05, 2024. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-City-View-Independent-School-District-Texas-General-Obligation-School-State-Program-3225356>
  
US$ 225.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.