Standard & Poor’s raised the ratings of the St. Charles Parish School Board and St. Charles Parish School District No. 1 as a result of continuing growth in the property tax base, strong sales tax collections, and healthy general fund balances.

The agency raised $35.4 million of outstanding general obligation bonds to AA from A, and $9.3 million of outstanding sales tax-backed debt to AA from A-plus.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.