Summary: Independent School District No. 2907 (Round Lake-Brewster Public Schools), Minnesota; School State Program - S&P Global Ratings’ Credit Research

Summary: Independent School District No. 2907 (Round Lake-Brewster Public Schools), Minnesota; School State Program

Summary: Independent School District No. 2907 (Round Lake-Brewster Public Schools), Minnesota; School State Program - S&P Global Ratings’ Credit Research
Summary: Independent School District No. 2907 (Round Lake-Brewster Public Schools), Minnesota; School State Program
Published Jun 13, 2018
4 pages (1688 words) — Published Jun 13, 2018
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings assigned its 'AA+' rating and stable outlook to Independent School District No. 2907 (Round Lake-Brewster Public Schools), Minn.'s series 2018A general obligation (GO) maintenance bonds. Officials intend to use series 2018A bond proceeds to finance facility maintenance projects included in the 10-year facility plan. In addition, the bonds are a valid and binding GO of the district. All taxable property in the district is subject to the levy of ad valorem taxes to pay principal and interest on the bonds; these taxes are without limitation as to rate or amount. Authorized by Minnesota Statutes, Section 126C.55, the Minnesota School District Credit Enhancement Program was established in 1993 to provide for the timely payment of principal and interest

  
Brief Excerpt:

...S&P Global Ratings assigned its '##+' rating and stable outlook to Independent School District No. 2907 (Round Lake-Brewster Public Schools), Minn.'s series 2018A general obligation (GO) maintenance bonds. Officials intend to use series 2018A bond proceeds to finance facility maintenance projects included in the 10-year facility plan. In addition, the bonds are a valid and binding GO of the district. All taxable property in the district is subject to the levy of ad valorem taxes to pay principal and interest on the bonds; these taxes are without limitation as to rate or amount....

  
Report Type:

Summary

Issuer
Indpt Sch Dist No 2907 (Round Lake-Brewster Pub Schs)
Sector
Public Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
Buy Now

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: Independent School District No. 2907 (Round Lake-Brewster Public Schools), Minnesota; School State Program" Jun 13, 2018. Alacra Store. May 23, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Independent-School-District-No-2907-Round-Lake-Brewster-Public-Schools-Minnesota-School-State-Program-2056106>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Independent School District No. 2907 (Round Lake-Brewster Public Schools), Minnesota; School State Program Jun 13, 2018. New York, NY: Alacra Store. Retrieved May 23, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Independent-School-District-No-2907-Round-Lake-Brewster-Public-Schools-Minnesota-School-State-Program-2056106>
  
US$ 225.00
$  £  €
Have a Question?

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

More Research

Search all our Credit Research from one place.