Summary: Clay County School District No.74 (North Kansas City), Missouri; School State Program - S&P Global Ratings’ Credit Research

Summary: Clay County School District No.74 (North Kansas City), Missouri; School State Program

Summary: Clay County School District No.74 (North Kansas City), Missouri; School State Program - S&P Global Ratings’ Credit Research
Summary: Clay County School District No.74 (North Kansas City), Missouri; School State Program
Published Jan 09, 2024
5 pages (1747 words) — Published Jan 09, 2024
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Abstract:

S&P Global Ratings assigned its 'AA+' rating to Clay County School District No. 74 (North Kansas City), Mo.'s approximately $20.3 million series 2024 general obligation (GO) refunding bonds. The outlook is stable. Participation in the Missouri Direct Deposit of State Aid program secures the bonds. Officials intend to use series 2024 bond proceeds to refund series 2014 GO refunding and improvement bonds. The rating reflects our assessment of the district's eligibility for, and participation in, the Missouri Direct Deposit of State Aid program. The state credit-enhancement rating is one notch below the Missouri GO rating, reflecting: Our view of state aid appropriation risk, partially mitigated by strong state support for the program and consistent, well-established state aid funding; Our expectation

  
Brief Excerpt:

...+ S&P Global Ratings assigned its '##+' rating to Clay County School District No. 74 (North Kansas City), Mo.'s approximately $20.3 million series 2024 general obligation (GO) refunding bonds. + The outlook is stable....

  
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Summary

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MLA:
S&P Global Ratings’ Credit Research. "Summary: Clay County School District No.74 (North Kansas City), Missouri; School State Program" Jan 09, 2024. Alacra Store. May 02, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Clay-County-School-District-No-74-North-Kansas-City-Missouri-School-State-Program-3108253>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Clay County School District No.74 (North Kansas City), Missouri; School State Program Jan 09, 2024. New York, NY: Alacra Store. Retrieved May 02, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Clay-County-School-District-No-74-North-Kansas-City-Missouri-School-State-Program-3108253>
  
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