Summary: Saratoga Springs City School District, New York; School State Program - S&P Global Ratings’ Credit Research

Summary: Saratoga Springs City School District, New York; School State Program

Summary: Saratoga Springs City School District, New York; School State Program - S&P Global Ratings’ Credit Research
Summary: Saratoga Springs City School District, New York; School State Program
Published Jan 29, 2015
5 pages (1967 words) — Published Jan 29, 2015
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Abstract:

Standard&Poor's Ratings Services affirmed its 'AA+' underlying rating and 'AA+' long-term rating Saratoga Springs City School District, N.Y.'s existing debt. The outlook is stable. The district's faith and credit GO pledge secures the bonds. The 'AA+' long-term rating is based on our view of the district's: Participation in the diverse regional employment base of the Albany-Schenectady-Troy metropolitan statistical area; Extremely strong wealth and income; Healthy operations that have contributed to what we consider strong finances; and Low debt with limited capital and debt needs, but high pension and other postemployment benefit (OPEB) liabilities. Saratoga Springs City School District, with an estimated 2013 population of 49,551, covers approximately 110 square miles in Saratoga County, about 35 miles north of

  
Brief Excerpt:

...Standard & Poor's Ratings Services affirmed its '##+' underlying rating and '##+' long-term rating Saratoga Springs City School District, N.Y.'s existing debt. The outlook is stable. The district's faith and credit GO pledge secures the bonds. The '##+' long-term rating is based on our view of the district's:...

  
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Summary

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Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Saratoga Springs City School District, New York; School State Program" Jan 29, 2015. Alacra Store. May 22, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Saratoga-Springs-City-School-District-New-York-School-State-Program-1381487>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Saratoga Springs City School District, New York; School State Program Jan 29, 2015. New York, NY: Alacra Store. Retrieved May 22, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Saratoga-Springs-City-School-District-New-York-School-State-Program-1381487>
  
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