Summary: East Pennsboro Area School District, Pennsylvania; School State Program - S&P Global Ratings’ Credit Research

Summary: East Pennsboro Area School District, Pennsylvania; School State Program

Summary: East Pennsboro Area School District, Pennsylvania; School State Program - S&P Global Ratings’ Credit Research
Summary: East Pennsboro Area School District, Pennsylvania; School State Program
Published Oct 29, 2015
5 pages (2017 words) — Published Oct 29, 2015
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Standard&Poor's Ratings Services affirmed its 'A+' rating, with a stable outlook, on East Pennsboro Area School District, Pa.'s general obligation (GO) debt. The rating reflects our opinion of the district's general creditworthiness, including its: Strong wealth and income and low unemployment compared with commonwealth and national rates, Good reserves, and Favorable debt profile. We believe, what we consider, the district's financial pressure, stemming from increasing pension costs and potential stresses that could occur due to the commonwealth budget impasse, somewhat offsets these credit strengths. The district's full-faith-and-credit-GO pledge secures the bonds. The tax levy is subject to Act 1 levy limits; there, however, are overrides to the limit, if needed. The Pennsylvania State Aid Intercept program, defined by

  
Brief Excerpt:

...Standard & Poor's Ratings Services affirmed its 'A+' rating, with a stable outlook, on East Pennsboro Area School District, Pa.'s general obligation (GO) debt. The rating reflects our opinion of the district's general creditworthiness, including its:...

  
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Summary

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Public Finance
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S&P Global Ratings’ Credit Research. "Summary: East Pennsboro Area School District, Pennsylvania; School State Program" Oct 29, 2015. Alacra Store. May 12, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-East-Pennsboro-Area-School-District-Pennsylvania-School-State-Program-1472985>
  
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S&P Global Ratings’ Credit Research. (). Summary: East Pennsboro Area School District, Pennsylvania; School State Program Oct 29, 2015. New York, NY: Alacra Store. Retrieved May 12, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-East-Pennsboro-Area-School-District-Pennsylvania-School-State-Program-1472985>
  
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