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

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

Summary: Mount Vernon R-V School District Of Lawrence County, Missouri; School State Program - S&P Global Ratings’ Credit Research
Summary: Mount Vernon R-V School District Of Lawrence County, Missouri; School State Program
Published Jan 25, 2021
4 pages (1613 words) — Published Jan 25, 2021
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings assigned its 'AA+' long-term rating to Mount Vernon R-V School District of Lawrence County, Mo.'s $1.5 million series 2021 general obligation (GO) bonds. The outlook is stable. The bond proceeds will be used to various safety; heating, ventilation, and air conditioning; and capital enhancements. The long-term rating reflects our assessment of the district's eligibility for, and participation in, the Missouri Direct Deposit of State Aid program. The state credit enhancement rating is one notch below the Missouri GO rating (AAA/Stable), reflecting: Our view of state aid appropriation risks, which are partly mitigated by strong state support for the program and consistent and well-established state aid funding; Our expectation that maximum annual debt service coverage on all parity

  
Brief Excerpt:

...S&P Global Ratings assigned its '##+' long-term rating to Mount Vernon R-V School District of Lawrence County, Mo.'s $1.5 million series 2021 general obligation (GO) bonds. The outlook is stable. The bond proceeds will be used to various safety; heating, ventilation, and air conditioning; and capital enhancements....

  
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: Mount Vernon R-V School District Of Lawrence County, Missouri; School State Program" Jan 25, 2021. Alacra Store. May 03, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Mount-Vernon-R-V-School-District-Of-Lawrence-County-Missouri-School-State-Program-2584547>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Mount Vernon R-V School District Of Lawrence County, Missouri; School State Program Jan 25, 2021. New York, NY: Alacra Store. Retrieved May 03, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Mount-Vernon-R-V-School-District-Of-Lawrence-County-Missouri-School-State-Program-2584547>
  
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