Summary: Meade County Unified School District No. 226 (Meade), Kansas; General Obligation - S&P Global Ratings’ Credit Research

Summary: Meade County Unified School District No. 226 (Meade), Kansas; General Obligation

Summary: Meade County Unified School District No. 226 (Meade), Kansas; General Obligation - S&P Global Ratings’ Credit Research
Summary: Meade County Unified School District No. 226 (Meade), Kansas; General Obligation
Published Apr 30, 2015
5 pages (1772 words) — Published Apr 30, 2015
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Abstract:

Standard&Poor's Ratings Services affirmed its 'A' rating, with a stable outlook, on Meade County Unified School District No. 226 (Meade), Kan.'s general obligation (GO) debt. The rating reflects our opinion of the district's: Good income; Strong finances on a cash basis of accounting, supported by a significant amount of state aid for general fund operations; and Low overall debt based on market value with no additional debt-financed capital needs. We believe these strengths are somewhat mitigated by, what we consider, the district's: Somewhat limited, but stable, economy; and Concentrated property tax base. The district's unlimited ad valorem tax pledge secures the bonds. The district, with a population estimate of 2,218, covers 440 square miles in southwest Kansas, where

  
Brief Excerpt:

...Standard & Poor's Ratings Services affirmed its 'A' rating, with a stable outlook, on Meade County Unified School District No. 226 (Meade), Kan.'s general obligation (GO) debt. The rating reflects our opinion of the district's:...

  
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Summary

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MLA:
S&P Global Ratings’ Credit Research. "Summary: Meade County Unified School District No. 226 (Meade), Kansas; General Obligation" Apr 30, 2015. Alacra Store. May 23, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Meade-County-Unified-School-District-No-226-Meade-Kansas-General-Obligation-1396619>
  
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S&P Global Ratings’ Credit Research. (). Summary: Meade County Unified School District No. 226 (Meade), Kansas; General Obligation Apr 30, 2015. New York, NY: Alacra Store. Retrieved May 23, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Meade-County-Unified-School-District-No-226-Meade-Kansas-General-Obligation-1396619>
  
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