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  1. Fitch Affirms $212MM of Volusia County School Bd's (FL) COPS at 'A+'; IDR at 'AA-'; Outlook StableRead the original story

    Nov 17, 2016 | Information Technology

    The COPs are payable from lease payments, subject to annual appropriation, made by the district to the trustee, as assignee of the Volusia School Board Leasing Corporation, a Florida not-for-profit corporation. The 'AA-' IDR reflects the district's slow revenue growth prospects, limited ability to raise revenues, solid expenditure flexibility and adequate reserve levels.

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