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Texas school district ratings changes possible after recession-S&P
April 19, 2013 / 2:31 PM / in 5 years

Texas school district ratings changes possible after recession-S&P

April 19 (Reuters) - Standard & Poor’s Ratings Services said that while ratings of Texas’ school districts were unaffected by the recession, challenges remain for them.

S&P said late Thursday that the effects of the sequestration and possible changes to the state’s public school funding system are not yet known and “the impact on districts’ credit quality could be significant and may result in rating changes for some districts during the next several years.”

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