Summary: Round Lake-Brewster Independent School District No. 2907, Minnesota; School State Program

S&P Global Ratings assigned its 'AAA' program rating and its 'A' underlying rating to Round Lake-Brewster Independent School District (ISD) No. 2907, Minn.'s series 2019A general obligation (GO) school building bonds. The outlook on all ratings is stable. The bonds were approved by district voters in a special election held in May 2019 and are secured by the district's full faith and credit GO pledge and ability to levy unlimited ad valorem property taxes. Officials will use proceeds for the construction of a gymnasium, classroom additions, security upgrades, and the completion of deferred maintenance projects. Round Lake-Brewster ISD No. 2907 serves a small farming community in southeastern Minnesota's Nobles County. A combination of program offerings (including a popular preschool program)

...S&P Global Ratings assigned its '###' program rating and its 'A' underlying rating to Round Lake-Brewster Independent School District (ISD) No. 2907, Minn.'s series 2019A general obligation (GO) school building bonds. The outlook on all ratings is stable. The bonds were approved by district voters in a special election held in May 2019 and are secured by the district's full faith and credit GO pledge and ability to levy unlimited ad valorem property taxes. Officials will use proceeds for the construction of a gymnasium, classroom additions, security upgrades, and the completion of deferred maintenance projects. Round Lake-Brewster ISD No. 2907 serves a small farming community in southeastern Minnesota's Nobles County. A combination of program offerings (including a popular preschool program) and a focus on one-on-one student engagement have enabled the district to see strong enrollment growth over the past several years from students who are open-enrolling in from neighboring districts....

Summary