Summary: West Contra Costa Unified School District, California; General Obligation - S&P Global Ratings’ Credit Research

Summary: West Contra Costa Unified School District, California; General Obligation

Summary: West Contra Costa Unified School District, California; General Obligation - S&P Global Ratings’ Credit Research
Summary: West Contra Costa Unified School District, California; General Obligation
Published Feb 19, 2016
8 pages (3316 words) — Published Feb 19, 2016
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Abstract:

Standard&Poor's Ratings Services raised its long-term rating and underlying rating (SPUR) to 'AA-' from 'A+' on West Contra Costa Unified School District, Calif.'s, general obligation (GO) bonds. At the same time, we assigned our 'AA-' long-term rating to the district's 2016 series D (election of 2010), 2016 Series C (Election of 2012), and 2016 series A refunding GO bonds. The outlook is stable. The rating action reflects our view of the district's stable operations and maintenance of strong reserves through a recessionary revenue environment, and the strength of the local economy. The ratings reflect our opinion of the district's: Participation in the San Francisco Bay Area economy, which provides residents with diverse employment opportunities; Extremely strong per capita

  
Brief Excerpt:

...Standard & Poor's Ratings Services raised its long-term rating and underlying rating (SPUR) to '##-' from 'A+' on West Contra Costa Unified School District, Calif.'s, general obligation (GO) bonds. At the same time, we assigned our '##-' long-term rating to the district's 2016 series D (election of 2010), 2016 Series C (Election of 2012), and 2016 series A refunding GO bonds. The outlook is stable. The rating action reflects our view of the district's stable operations and maintenance of strong reserves through a recessionary revenue environment, and the strength of the local economy. The ratings reflect our opinion of the district's:...

  
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Summary

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MLA:
S&P Global Ratings’ Credit Research. "Summary: West Contra Costa Unified School District, California; General Obligation" Feb 19, 2016. Alacra Store. May 03, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-West-Contra-Costa-Unified-School-District-California-General-Obligation-1581446>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: West Contra Costa Unified School District, California; General Obligation Feb 19, 2016. New York, NY: Alacra Store. Retrieved May 03, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-West-Contra-Costa-Unified-School-District-California-General-Obligation-1581446>
  
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