Summary: Lawrence County R-V School District (Mount Vernon), Missouri; School State Program - S&P Global Ratings’ Credit Research

Summary: Lawrence County R-V School District (Mount Vernon), Missouri; School State Program

Summary: Lawrence County R-V School District (Mount Vernon), Missouri; School State Program - S&P Global Ratings’ Credit Research
Summary: Lawrence County R-V School District (Mount Vernon), Missouri; School State Program
Published Jan 21, 2009
Published Jan 21, 2009
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Abstract:

Standard&Poor's Ratings Services assigned its 'AA+' rating, and stable outlook, to Lawrence County R-V School District (Mount Vernon), Mo.'s series 2009 general obligation (GO) refunding bonds and affirmed its 'AA+' rating, with a stable outlook, on the district's existing debt. The rating reflects the school district's eligibility for, and participation in, the Missouri Direct Deposit of State Aid program, in which the state makes direct deposits of portions of monthly state aid payments to a bond trustee. The program, which enhances local school district GO bonds, provides for a first-dollar claim on monthly state aid, which will be directly deposited to a master bond trustee. State aid covers maximum annual program debt service at least 1.5x. The district

  
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Summary

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Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Lawrence County R-V School District (Mount Vernon), Missouri; School State Program" Jan 21, 2009. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Lawrence-County-R-V-School-District-Mount-Vernon-Missouri-School-State-Program-697411>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Lawrence County R-V School District (Mount Vernon), Missouri; School State Program Jan 21, 2009. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Lawrence-County-R-V-School-District-Mount-Vernon-Missouri-School-State-Program-697411>
  
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