Yellowstone County School District No. 15 (Custer), MT GO Building Bonds Assigned #A# Rating

Stocks and Financial Services Press Releases Friday July 21, 2017 08:46
SAN FRANCISCO--21 Jul--S&P Global Ratings

SAN FRANCISCO (S&P Global Ratings) July 20, 2017--S&P Global Ratings assigned its 'A' long-term rating to Yellowstone County School District No. 15 (Custer), Mont.'s general obligation (GO) school building bonds, series 2017. The outlook is stable. "The rating reflects our view of such factors as the district's stable property values and good financial performance," said S&P Global Ratings credit analyst Jean Lee. Bond proceeds will be used for improvements to the Custer School campus. The stable outlook reflects S&P Global Ratings' opinion that the district will likely continue to make the budgetary adjustments it deems necessary to maintain stable operations and at least very strong available fund balances.

We do not expect to change the rating within the two-year outlook period. Certain terms used in this report, particularly certain adjectives used to express our view on rating relevant factors, have specific meanings ascribed to them in our criteria, and should therefore be read in conjunction with such criteria. Please see Ratings Criteria at www.standardandpoors.com for further information. Complete ratings information is available to subscribers of RatingsDirect at www.globalcreditportal.com and at www.spcapitaliq.com. All ratings affected by this rating action can be found on the S&P Global Ratings' public website at www.standardandpoors.com. Use the Ratings search box located in the left column.


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