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

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

Summary: Lawrence County R-V School District (Mt. Vernon), Missouri; School State Program - S&P Global Ratings’ Credit Research
Summary: Lawrence County R-V School District (Mt. Vernon), Missouri; School State Program
Published Nov 01, 2011
1994 words — Published Nov 01, 2011
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Abstract:

Standard&Poor's Ratings Services assigned its 'AA+' long-term rating to Lawrence County R-V School District (Mt. Vernon), Mo.'s general obligation (GO) refunding bonds series 2011. At the same time, Standard&Poor's affirmed its 'AA+' long-term rating on the district's existing debt. The outlook is stable. The rating reflects the school district's eligibility 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 by

  
Brief Excerpt:

RESEARCH Summary: Lawrence County R-V School District (Mt. Vernon), Missouri; School State Program Publication date: 01-Nov-2011 Primary Credit Analyst: Dare Branch, Chicago (1) 312-233-7034; dare_branch@standardandpoors.com Secondary...

  
Report Type:

Summary

Issuer
Lawrence Cnty R-V Sch Dist (Mt. Vernon)
Sector
Public Finance
Country
United States
Region
United States
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Lawrence County R-V School District (Mt. Vernon), Missouri; School State Program" Nov 01, 2011. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Lawrence-County-R-V-School-District-Mt-Vernon-Missouri-School-State-Program-907567>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Lawrence County R-V School District (Mt. Vernon), Missouri; School State Program Nov 01, 2011. 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-Mt-Vernon-Missouri-School-State-Program-907567>
  
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