Summary: Johnson County School District R-VI Warrensburg, Missouri; School State Program

S&P Global Ratings assigned its 'AA+' long-term rating and 'A+' rating to Johnson County School District R-VI Warrensburg, Mo.'s series 2018 general obligation (GO) bonds. At the same time, we affirmed the underlying 'A+' rating on the district's existing GO debt. The outlook is stable. The 'AA+' long-term program rating reflects our view of the school district's eligibility for, and participation in, the Missouri Direct Deposit of State Aid program. Our rating is based on our view that the district has implemented necessary changes to sustain surpluses in the near term, as it recently posted three consecutive years of surplus results after three consecutive years of deficits. In addition, we believe that the district's economy will remain stable in the

...S&P Global Ratings assigned its '##+' long-term rating and 'A+' rating to Johnson County School District R-VI Warrensburg, Mo.'s series 2018 general obligation (GO) bonds. At the same time, we affirmed the underlying 'A+' rating on the district's existing GO debt. The outlook is stable. The '##+' long-term program rating reflects our view of the school district's eligibility for, and participation in, the Missouri Direct Deposit of State Aid program. Our rating is based on our view that the district has implemented necessary changes to sustain surpluses in the near term, as it recently posted three consecutive years of surplus results after three consecutive years of deficits. In addition, we believe that the district's economy will remain stable in the near term and that the income and market value indicators understate the strength of the local economy given the presence of the two stabilizing institutions, Whiteman Air Force Base and the University of Center Missouri. Due to the district's...

Summary