The rating on East Pennsboro Area School District, Pa.'s bonds reflects: Above-average wealth and income levels of this suburban school district in the Harrisburg MSA, and A sizeable tax base with high market value per capita in excess of $60,000. Mitigating credit factors include a high debt burden with a slow amortization schedule and an adequate, but weakening, financial position. The school district, located in Cumberland County, serves a suburb of Harrisburg, the state capital. Comprised of East Pennsboro Township and the Borough of West Fairview, the school district's population has grown 9% over the past 10 years to its current total of 18,254. District enrollment trends are stable at approximately 2,800 students, and are projected to remain at this
