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Article: Fitch Affirms Greenfield Union School District, Kern County, CA's GOs at 'A+'; Outlook Stable.
- Article from:
- Agriculture Week
- Article date:
- October 15, 2009
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In the course of routine surveillance, Fitch Ratings affirms the 'A+' rating of Greenfield Union School District, Kern County, California's (the district) $18.6 million of outstanding general obligation (GO) bonds. The Rating Outlook is Stable.
The 'A+' rating reflects the district's currently strong but challenged financial position, including prudent management actions and years of strong surpluses having built up a high unreserved general fund balance, tempered by a moderate budgeted drawdown, a volatile state funding environment, and recently slowing enrollment growth. Other considerations include the vulnerable local economy, evidenced by a weakening local ...
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700+ words
... ... Valley citrus war will shift to the Kern County Board of Supervisors' chambers at 10 ... looking orange trees with tristeza in Kern County. The removal was ordered by the Tulare ... proposed 63,000 in 1995-96. In Kern County, the agency has sent notices to growers ...
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