The 'A-' rating on Johnson County Unified School District No. 231, Kan.'s GO school bonds reflects the district's unlimited GO pledge and its: Expanding local economy, which participates in the broad and diverse Kansas City MSA; Above-average wealth and income levels; and Adequate financial position given the state educational funding system. A high debt burden with further capital needs offsets, in part, these strengths. Located in northeastern Kansas, the district serves Gardner, Kan.; Edgerton, Kan.; and Antioch, Kan., as well as unincorporated areas of Johnson and Miami counties. District population has nearly doubled in the past decade to a current 15,215; population is anchored by employment at Sprint's Kansas City headquarters and related telecommunication equipment facilities in Johnson County. The
