ֳ

Credit Summary

Aurora Public Schools (Adams & Arapahoe Counties Joint School District No. 28J) (CO)

EU Endorsed, UK Endorsed; Solicited by or on behalf of the issuer (sell side)

ESG Relevance
1
2
3
4
5

01Ratings

RatingActionDateType
AA-Affirmed03-Sep-2024Long Term Issuer Default Rating
Key Rating Factors
Financial Resilience a
Revenue Volatility Strongest
Population Trend Midrange
Unemployment, Educational Attainment and MHI Level Midrange
Economic Concentration and Population Size Strongest
Long-Term Liability Burden Weak
Ratings KeyOutlookWatch
Positive
Negative
Evolving
Stable 

* Ratings displayed in orange denotes EU or UK Unsolicited and Non-Participatory Ratings

Where there was a review with no rating action (Review – No Action), please refer to the “Latest Rating Action Commentary” for an explanation of key rating drivers

*Premium Content is displayed in ֳ Red

Rating History

Date :03-Sep-202404-Apr-202406-Oct-202313-Oct-202210-Nov-202119-Nov-202017-Dec-201925-Jan-201906-Dec-201803-Jan-2017
Rating :AA-AA-AA-AA-AA-AA-AA-AA-AA-AA-
Action :AffirmedUnder Criteria ObservationReview - No ActionReview - No ActionReview - No ActionReview - No ActionReview - No ActionReview - No ActionReview - No ActionNew Rating

02Rating Actions

03Insights

04Securities and Obligations

Ratings
Rated Entity / Debt  
Ratings  
Entity Details  
Identifiers  
Other Details  
Security: Aurora Public Schools (Adams & Arapahoe Counties Joint School District No. 28J) (CO) / General Obligation - Unlimited Tax
Issuer: Aurora Public Schools (Adams & Arapahoe Counties Joint School District No. 28J) (CO)
Bond: GO bonds ser 2017A (gtd: Colorado School Credit Enhancement Program)
Series: 2017A
04-Oct-2024
AA
Affirmed
Long Term Rating

04-Oct-2024
AA
Affirmed
Enhanced Long Term Rating

03-Sep-2024
AA-
Affirmed
Unenhanced Long Term Rating

Rating History
Country: United States
Sectors: US Public Finance
Disclosures: EU Endorsed, UK Endorsed; Solicited by or on behalf of the issuer (sell side)
CUSIP: 0054823F9 (Public)
CUSIP: 0054823F9 (Public)
Maturity Date: 01-Dec-2035
Currency: USD
Amount: 0
Placement: Public
Security LTR: AA-
Security: Aurora Public Schools (Adams & Arapahoe Counties Joint School District No. 28J) (CO) / General Obligation - Unlimited Tax
Issuer: Aurora Public Schools (Adams & Arapahoe Counties Joint School District No. 28J) (CO)
Bond: GO bonds ser 2017A (gtd: Colorado School Credit Enhancement Program)
Series: 2017A
04-Oct-2024
AA
Affirmed
Long Term Rating

04-Oct-2024
AA
Affirmed
Enhanced Long Term Rating

03-Sep-2024
AA-
Affirmed
Unenhanced Long Term Rating

Rating History
Country: United States
Sectors: US Public Finance
Disclosures: EU Endorsed, UK Endorsed; Solicited by or on behalf of the issuer (sell side)
CUSIP: 0054823A0 (Public)
CUSIP: 0054823A0 (Public)
Maturity Date: 01-Dec-2028
Currency: USD
Amount: 0
Placement: Public
Security LTR: AA-
Security: Aurora Public Schools (Adams & Arapahoe Counties Joint School District No. 28J) (CO) / General Obligation - Unlimited Tax
Issuer: Aurora Public Schools (Adams & Arapahoe Counties Joint School District No. 28J) (CO)
Bond: GO bonds ser 2017A (gtd: Colorado School Credit Enhancement Program)
Series: 2017A
04-Oct-2024
AA
Affirmed
Long Term Rating

04-Oct-2024
AA
Affirmed
Enhanced Long Term Rating

03-Sep-2024
AA-
Affirmed
Unenhanced Long Term Rating

Rating History
Country: United States
Sectors: US Public Finance
Disclosures: EU Endorsed, UK Endorsed; Solicited by or on behalf of the issuer (sell side)
CUSIP: 0054823C6 (Public)
CUSIP: 0054823C6 (Public)
Maturity Date: 01-Dec-2032
Currency: USD
Amount: 0
Placement: Public
Security LTR: AA-
Security: Aurora Public Schools (Adams & Arapahoe Counties Joint School District No. 28J) (CO) / General Obligation - Unlimited Tax
Issuer: Aurora Public Schools (Adams & Arapahoe Counties Joint School District No. 28J) (CO)
Bond: GO bonds ser 2017A (gtd: Colorado School Credit Enhancement Program)
Series: 2017A
04-Oct-2024
AA
Affirmed
Long Term Rating

04-Oct-2024
AA
Affirmed
Enhanced Long Term Rating

03-Sep-2024
AA-
Affirmed
Unenhanced Long Term Rating

Rating History
Country: United States
Sectors: US Public Finance
Disclosures: EU Endorsed, UK Endorsed; Solicited by or on behalf of the issuer (sell side)
CUSIP: 0054822X1 (Public)
CUSIP: 0054822X1 (Public)
Maturity Date: 01-Dec-2025
Currency: USD
Amount: 0
Placement: Public
Security LTR: AA-
Security: Aurora Public Schools (Adams & Arapahoe Counties Joint School District No. 28J) (CO) / General Obligation - Unlimited Tax
Issuer: Aurora Public Schools (Adams & Arapahoe Counties Joint School District No. 28J) (CO)
Bond: GO bonds ser 2017A (gtd: Colorado School Credit Enhancement Program)
Series: 2017A
04-Oct-2024
AA
Affirmed
Long Term Rating

04-Oct-2024
AA
Affirmed
Enhanced Long Term Rating

03-Sep-2024
AA-
Affirmed
Unenhanced Long Term Rating

Rating History
Country: United States
Sectors: US Public Finance
Disclosures: EU Endorsed, UK Endorsed; Solicited by or on behalf of the issuer (sell side)
CUSIP: 0054823G7 (Public)
CUSIP: 0054823G7 (Public)
Maturity Date: 01-Dec-2036
Currency: USD
Amount: 0
Placement: Public
Security LTR: AA-
Security: Aurora Public Schools (Adams & Arapahoe Counties Joint School District No. 28J) (CO) / General Obligation - Unlimited Tax
Issuer: Aurora Public Schools (Adams & Arapahoe Counties Joint School District No. 28J) (CO)
Bond: GO bonds ser 2017A (gtd: Colorado School Credit Enhancement Program)
Series: 2017A
04-Oct-2024
AA
Affirmed
Long Term Rating

04-Oct-2024
AA
Affirmed
Enhanced Long Term Rating

03-Sep-2024
AA-
Affirmed
Unenhanced Long Term Rating

Rating History
Country: United States
Sectors: US Public Finance
Disclosures: EU Endorsed, UK Endorsed; Solicited by or on behalf of the issuer (sell side)
CUSIP: 0054823B8 (Public)
CUSIP: 0054823B8 (Public)
Maturity Date: 01-Dec-2031
Currency: USD
Amount: 0
Placement: Public
Security LTR: AA-
Security: Aurora Public Schools (Adams & Arapahoe Counties Joint School District No. 28J) (CO) / General Obligation - Unlimited Tax
Issuer: Aurora Public Schools (Adams & Arapahoe Counties Joint School District No. 28J) (CO)
Bond: GO bonds ser 2017A (gtd: Colorado School Credit Enhancement Program)
Series: 2017A
04-Oct-2024
AA
Affirmed
Long Term Rating

04-Oct-2024
AA
Affirmed
Enhanced Long Term Rating

03-Sep-2024
AA-
Affirmed
Unenhanced Long Term Rating

Rating History
Country: United States
Sectors: US Public Finance
Disclosures: EU Endorsed, UK Endorsed; Solicited by or on behalf of the issuer (sell side)
CUSIP: 0054822Y9 (Public)
CUSIP: 0054822Y9 (Public)
Maturity Date: 01-Dec-2026
Currency: USD
Amount: 0
Placement: Public
Security LTR: AA-
Security: Aurora Public Schools (Adams & Arapahoe Counties Joint School District No. 28J) (CO) / General Obligation - Unlimited Tax
Issuer: Aurora Public Schools (Adams & Arapahoe Counties Joint School District No. 28J) (CO)
Bond: GO bonds ser 2017A (gtd: Colorado School Credit Enhancement Program)
Series: 2017A
04-Oct-2024
AA
Affirmed
Long Term Rating

04-Oct-2024
AA
Affirmed
Enhanced Long Term Rating

03-Sep-2024
AA-
Affirmed
Unenhanced Long Term Rating

Rating History
Country: United States
Sectors: US Public Finance
Disclosures: EU Endorsed, UK Endorsed; Solicited by or on behalf of the issuer (sell side)
CUSIP: 0054822Z6 (Public)
CUSIP: 0054822Z6 (Public)
Maturity Date: 01-Dec-2027
Currency: USD
Amount: 0
Placement: Public
Security LTR: AA-
Security: Aurora Public Schools (Adams & Arapahoe Counties Joint School District No. 28J) (CO) / General Obligation - Unlimited Tax
Issuer: Aurora Public Schools (Adams & Arapahoe Counties Joint School District No. 28J) (CO)
Bond: GO bonds ser 2017A (gtd: Colorado School Credit Enhancement Program)
Series: 2017A
04-Oct-2024
AA
Affirmed
Long Term Rating

04-Oct-2024
AA
Affirmed
Enhanced Long Term Rating

03-Sep-2024
AA-
Affirmed
Unenhanced Long Term Rating

Rating History
Country: United States
Sectors: US Public Finance
Disclosures: EU Endorsed, UK Endorsed; Solicited by or on behalf of the issuer (sell side)
CUSIP: 0054823D4 (Public)
CUSIP: 0054823D4 (Public)
Maturity Date: 01-Dec-2033
Currency: USD
Amount: 0
Placement: Public
Security LTR: AA-
Security: Aurora Public Schools (Adams & Arapahoe Counties Joint School District No. 28J) (CO) / General Obligation - Unlimited Tax
Issuer: Aurora Public Schools (Adams & Arapahoe Counties Joint School District No. 28J) (CO)
Bond: GO bonds ser 2017A (gtd: Colorado School Credit Enhancement Program)
Series: 2017A
04-Oct-2024
AA
Affirmed
Long Term Rating

04-Oct-2024
AA
Affirmed
Enhanced Long Term Rating

03-Sep-2024
AA-
Affirmed
Unenhanced Long Term Rating

Rating History
Country: United States
Sectors: US Public Finance
Disclosures: EU Endorsed, UK Endorsed; Solicited by or on behalf of the issuer (sell side)
CUSIP: 0054823J1 (Public)
CUSIP: 0054823J1 (Public)
Maturity Date: 01-Dec-2029
Currency: USD
Amount: 0
Placement: Public
Security LTR: AA-
Page
of 2
Loading...

05Disclosures

Endorsement Status
EU Endorsed, UK Endorsed
Country of ֳ Office
United States
Solicitation Status
Long Term RatingSolicited - Sell Side
Enhanced Long Term RatingSolicited - Sell Side
Unenhanced Long Term RatingSolicited - Sell Side

06Criteria

02Apr
2024
Active Criteria
U.S. Public Finance Local Government Rating Criteria
18Jan
2024
Expired Criteria
U.S. Public Finance Structured Finance Rating Criteria - Effective from January 18, 2024 to January 8, 2025
16Sep
2022
Expired Criteria
U.S. Public Finance Variable-Rate Demand Obligations and Commercial Paper Issued with External Liquidity Support Rating Criteria: Effective Sept. 16, 2022 to Dec. 12, 2024
04May
2021
Expired Criteria
U.S. Public Finance Tax-Supported Rating Criteria - Effective from May 4, 2021 to April 2, 2024
16Mar
2021
Expired Criteria
U.S. Public Finance Tender Option Bond Rating Criteria - Effective from March 16, 2021 to March 11, 2025
More Criteria

07Analysts

Jose Acosta
Primary Rating Analyst

Omid Rahmani
Secondary Rating Analyst

Credit-Relevant ESG Scale

How relevant are E, S and G issues to the overall credit rating?

5
Highly relevant, a key rating driver that has a significant impact on the rating on an individual basis. Equivalent to "higher" relative importance within Navigator.
4
Relevant to rating, not a key rating driver but has an impact on the rating in combination with other factors. Equivalent to "moderate" relative importance within Navigator
3
Minimally relevant to rating, either very low impact or actively managed in a way that results in no impact on the entity rating. Equivalent to "lower" relative importance within Navigator.
2
Irrelevant to the entity rating but relevant to the sector.
1
Irrelevant to the entity rating and irrelevant to the sector

* ESG Relevance is applicable for international scale ratings only

Ratings KeyOutlookWatch
Positive
Negative
Evolving
Stable 

* Ratings displayed in orange denotes EU or UK Unsolicited and Non-Participatory Ratings

Where there was a review with no rating action (Review – No Action), please refer to the “Latest Rating Action Commentary” for an explanation of key rating drivers

*Premium Content is displayed in ֳ Red