Summary: Stoddard County R-XI School District, Missouri; School State Program - S&P Global Ratings’ Credit Research

Summary: Stoddard County R-XI School District, Missouri; School State Program

Summary: Stoddard County R-XI School District, Missouri; School State Program - S&P Global Ratings’ Credit Research
Summary: Stoddard County R-XI School District, Missouri; School State Program
Published Nov 07, 2024
5 pages (1729 words) — Published Nov 07, 2024
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings assigned its 'AA+' rating to Stoddard County R-XI School District (Dexter), Mo.'s roughly $8.925 million series 2024 general obligation (GO) refunding bonds based on the application of its "Methodology For Rating U.S. Governments," published Sept 9, 2024, on RatingsDirect. The outlook is stable. Participation in the Missouri Direct Deposit of State Aid program secures the bonds. Officials intend to use series 2024 bond proceeds to refund series 2020 GO bonds. The 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, reflecting: Our view of state aid appropriation risk, partially mitigated by strong state

  
Brief Excerpt:

...+ S&P Global Ratings assigned its '##+' rating to Stoddard County R-XI School District (Dexter), Mo.'s roughly $8.925 million series 2024 general obligation (GO) refunding bonds based on the application of its "Methodology For Rating U.S. Governments," published Sept 9, 2024, on RatingsDirect. + The outlook is stable....

  
Report Type:

Summary

Issuer
Stoddard County R-XI School District (Dexter)
Sector
Public Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Stoddard County R-XI School District, Missouri; School State Program" Nov 07, 2024. Alacra Store. May 10, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Stoddard-County-R-XI-School-District-Missouri-School-State-Program-3280621>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Stoddard County R-XI School District, Missouri; School State Program Nov 07, 2024. New York, NY: Alacra Store. Retrieved May 10, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Stoddard-County-R-XI-School-District-Missouri-School-State-Program-3280621>
  
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