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Tag: "Standard Poor"

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School Bonds Receive Top Rating

School Bonds Receive Top Rating

Standard & Poor’s affirms a rating of “AAA” for Laguna Beach Unified School District’s general obligation bonds, the district said in a statement this week. The rating agency says the classification reflects strong income, wealth indicators and the district’s “basic-aid” status, relying on property tax revenue rather than state financing for the bulk of its […]