The 'AA+' rating reflects the Missouri Direct Deposit State Aid Program. The 'AA-' Standard&Poor's underlying rating (SPUR) on Clay County School District #74 (North Kansas City), Mo.'s bonds is affirmed based on the following characteristics: Participation in the Kansas City Metropolitan Area, Steadily expanding tax base, Stable financial position, and Moderate debt burden. The Kansas City School District is located primarily in Clay County, with its 112,954 residents constituting 62% of the county's population. Situated within the Kansas City Metropolitan Area north of the Missouri River, the district encompasses the cities of Kansas City, North Kansas City, Gladstone, Claycomo, Pleasant Valley, and Avondale. District enrollment, which is currently 17,029, has been flat over the past few years, averaging