The 'BBB-' rating on Colorado Educational and Cultural Facilities Authority's charter school revenue bonds, issued for Stargate Charter School, reflects: A 10-year track record of operations and a successful charter renewal; The charter school's demonstrated enrollment growth and good demand due, in part, to a specific niche served by the curriculum for talented and gifted students, coupled with the highest test scores in the state on the Colorado Student Assessment Program (CSAP); The high interest as exhibited by wait-listed students, especially considering the extensive testing, including an IQ test and essays by parents, required to be on the list; A good relationship between Stargate and Adams County School District No. 12, the sponsor district; An automatically renewed five-year charter, which
