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 Jun 11, 2015
5 pages (2028 words) — Published Jun 11, 2015
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Standard&Poor's Ratings Services assigned its 'AA+' underlying rating and 'AA+' long-term rating to Saratoga Springs City School District, N.Y.'s school district 2015 serial bonds. At the same time, Standard&Poor's affirmed its 'AA+' long-term rating on the district's existing debt. The outlook is stable. The district's faith and credit general obligation (GO) pledge secures the bonds. We understand that officials will use bond proceeds to make improvements and alterations to various district buildings and to purchase buses. 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 indicators; Healthy operations that have contributed to what we consider

  
Brief Excerpt:

...Standard & Poor's Ratings Services assigned its '##+' underlying rating and '##+' long-term rating to Saratoga Springs City School District, N.Y.'s school district 2015 serial bonds. At the same time, Standard & Poor's affirmed its '##+' long-term rating on the district's existing debt. The outlook is stable. The district's faith and credit general obligation (GO) pledge secures the bonds. We understand that officials will use bond proceeds to make improvements and alterations to various district buildings and to purchase buses. 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" Jun 11, 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-1403799>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Saratoga Springs City School District, New York; School State Program Jun 11, 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-1403799>
  
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