Home Credit Ratings and Research S&P Global Ratings’ Credit Research East Pennsboro Area Sch Dist

Summary: East Pennsboro Area Sch Dist, PA; Tax Secured, General Obligation; Tax Secured, School State Program

Published Apr 11, 2003

434 words — Published Apr 11, 2003

Price US$ 225.00 | Buy this Report Now

About This Report

Abstract:

The 'A' rating on East Pennsboro Area School District, Pa.'s GO bonds reflects Pennsylvania's state aid withholding provision established under Act 150 of the Public School Code. If the school district is unable to pay principal or interest when due, the secretary of education will withhold the district's state aid and remit the funds directly to the paying agent. For the guarantee program to be considered a credit substitution, annual state aid must be at least equal to future maximum annual debt service. The stable outlook reflects the strength of the Pennsylvania State Aid Intercept structure.

Brief Excerpt:

RESEARCH Summary: East Pennsboro Area Sch Dist, PA; Tax Secured, General Obligation; Tax Secured, School State Program Publication date: 11-Apr-2003 Credit Profile $9.675 mil GO bnds ser 2003 dtd 05/15/2003 due 02/15/2015 A Sale date:...

Report Type:

Summary

Issuer

East Pennsboro Area Sch Dist

Sector

Public Finance

Format:

HTML

Summary: East Pennsboro Area Sch Dist, PA; Tax Secured, General Obligation; Tax Secured, School State Program – 2003/05/07 – US$ 225.00

Summary: East Pennsboro Area Sch Dist, PA; Tax Secured, School State Program – 2004/02/02 – US$ 225.00

Summary: East Pennsboro Area Sch Dist, PA; Tax Secured, School State Program – 2004/08/16 – US$ 225.00

Summary: East Pennsboro Area School District, Pennsylvania; School State Program – 2006/10/13 – US$ 225.00

Summary: East Pennsboro Area School District, Pennsylvania; School State Program – 2009/05/06 – US$ 225.00

Summary: East Pennsboro Area Sch Dist, PA; Tax Secured, General Obligation; Tax Secured, School State Program – 2001/11/08 – US$ 225.00

East Pennsboro Area School District, PA's Bonds Rated 'A'; Outlook Stable – 2001/11/07 – US$ 150.00

Summary: East Pennsboro Area Sch Dist, PA; General Obligation, Schools Intercept/Withholding – 2001/02/01 – US$ 225.00

Summary: East Pennsboro Area Sch Dist, PA; General Obligation, Schools Intercept/Withholding – 2000/02/09 – US$ 225.00

Summary: East Pennsboro Area Sch Dist, PA; Revenue - Other, School District – 1997/08/22 – US$ 225.00

More from S&P Global Ratings’ Credit Research

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: East Pennsboro Area Sch Dist, PA; Tax Secured, General Obligation; Tax Secured, School State Program" Apr 11, 2003. Alacra Store. May 12, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-East-Pennsboro-Area-Sch-Dist-PA-Tax-Secured-General-Obligation-Tax-Secured-School-State-Program-307686>

APA:	S&P Global Ratings’ Credit Research. (). Summary: East Pennsboro Area Sch Dist, PA; Tax Secured, General Obligation; Tax Secured, School State Program Apr 11, 2003. New York, NY: Alacra Store. Retrieved May 12, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-East-Pennsboro-Area-Sch-Dist-PA-Tax-Secured-General-Obligation-Tax-Secured-School-State-Program-307686>

US$ 225.00

$ £ €

Have a Question?

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

Example Report

Click to View Sample Report

More Research

Search all our Credit Research from one place.