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Summary: Queen Creek Town Improvement District No. 001, Arizona Queen Creek Town; General Obligation; General Obligation Equivalent Security

Published Aug 25, 2014

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Abstract:

Standard&Poor's Ratings Services raised its issuer credit rating (ICR) to 'AA-' from 'A+' on Queen Creek Town, Ariz. At the same time, Standard&Poor's raised its underlying rating (SPUR) to 'A-' from 'BBB+' on Queen Creek Town Improvement District No.001's series 2006 improvement bonds. The outlook is stable. The improvement bonds are secured by a special assessment levied against property within the district. In the event of a deficiency in the funds collected from the special assessments to make timely debt service payments, the town shall, to the extent permitted by law, make a temporary loan from other available funds to the special assessment debt service fund. The improvement bonds' rating reflects our view of the town's

Report Type:

Summary

Issuer

Queen Creek Town

Sector

Public Finance

Country

United States

Region

United States

Format:

PDF

Queen Creek, AZ Revenue Bond Rating Raised To 'AA' On Continued Growth, Stronger Additional Bonds Test – 2016/08/24 – US$ 150.00

Summary: Queen Creek Town, Arizona; Miscellaneous Tax – 2016/08/24 – US$ 225.00

Summary: Queen Creek, Arizona; Miscellaneous Tax – 2018/01/12 – US$ 225.00

Queen Creek, AZ ICR Raised To 'AA' On Rapid Economic Expansion – 2019/09/17 – US$ 150.00

Summary: Queen Creek, Arizona; General Obligation – 2019/09/17 – US$ 225.00

Queen Creek Town, AZ ICR Raised To 'AA-' Due To Very Strong Reserves – 2014/08/25 – US$ 150.00

Queen Creek, AZ Revenue Obligation Rating Raised To 'AA-' On Improved Coverage – 2014/06/17 – US$ 150.00

Summary: Queen Creek, Arizona; Miscellaneous Tax – 2014/06/17 – US$ 225.00

Summary: Queen Creek Town, Arizona; General Obligation; Miscellaneous Tax – 2013/08/27 – US$ 225.00

ICR Raised To 'A+' On Queen Creek Town, AZ – 2012/05/29 – US$ 150.00

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MLA:	S&P Global Ratings’ Credit Research. "Summary: Queen Creek Town Improvement District No. 001, Arizona Queen Creek Town; General Obligation; General Obligation Equivalent Security" Aug 25, 2014. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Queen-Creek-Town-Improvement-District-No-001-Arizona-Queen-Creek-Town-General-Obligation-General-Obligation-Equivalent-Security-1778406>

APA:	S&P Global Ratings’ Credit Research. (). Summary: Queen Creek Town Improvement District No. 001, Arizona Queen Creek Town; General Obligation; General Obligation Equivalent Security Aug 25, 2014. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Queen-Creek-Town-Improvement-District-No-001-Arizona-Queen-Creek-Town-General-Obligation-General-Obligation-Equivalent-Security-1778406>

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