Summary: Fort Stockton Independent School District, Texas; General Obligation; School State Program - S&P Global Ratings’ Credit Research

Summary: Fort Stockton Independent School District, Texas; General Obligation; School State Program

Summary: Fort Stockton Independent School District, Texas; General Obligation; School State Program - S&P Global Ratings’ Credit Research
Summary: Fort Stockton Independent School District, Texas; General Obligation; School State Program
Published Jun 23, 2010
Published Jun 23, 2010
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Abstract:

Standard&Poor's Ratings Services raised its issuer credit rating (ICR) and underlying rating (SPUR) to 'A+' from 'A' on Fort Stockton Independent School District, Texas' outstanding general obligation (GO) debt. The raised ratings are due primarily to the district's continued maintenance of its historically strong financial position, as well as the reduced significance of the district's rural location in our analysis. At the same time, Standard&Poor's assigned its 'A+' long-term rating to the district's series 2010 unlimited tax school building bonds, and affirmed its 'AAA' enhanced program rating on the district's existing GO debt. The outlook on all ratings is stable. The enhanced program rating reflects the Texas Permanent School Fund's strength and liquidity. The 'A+' ratings

  
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Summary

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Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Fort Stockton Independent School District, Texas; General Obligation; School State Program" Jun 23, 2010. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Fort-Stockton-Independent-School-District-Texas-General-Obligation-School-State-Program-805804>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Fort Stockton Independent School District, Texas; General Obligation; School State Program Jun 23, 2010. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Fort-Stockton-Independent-School-District-Texas-General-Obligation-School-State-Program-805804>
  
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