Lake County School Board (FL) Credit Ratings :: ֳ

ֳ

Credit Summary

Lake County School Board (FL)

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

ESG Relevance
1
2
3
4
5

01Ratings

RatingActionDateType
AAUpgrade28-Mar-2025Long Term Issuer Default Rating
Key Rating Factors
Financial Resilience bbb
Revenue Volatility Weak
Population Trend Strongest
Unemployment, Educational Attainment and MHI Level Midrange
Economic Concentration and Population Size Strongest
Long-Term Liability Burden Strongest
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 :28-Mar-202526-Apr-202404-Apr-202405-May-202318-May-202201-Jul-202117-Jul-202031-Jul-201909-Mar-201813-Mar-201725-Apr-2016
Rating :AAAA-A+A+A+A+A+AA-AA-AA-AA-
Action :UpgradeUpgradeUnder Criteria ObservationReview - No ActionReview - No ActionReview - No ActionDowngradeReview - No ActionAffirmedAffirmedNew Rating

02Rating Actions

03Insights

04Securities and Obligations

Ratings
Rated Entity / Debt  
Ratings  
Entity Details  
Identifiers  
Other Details  
Security: Lake County School Board (FL) / Issuer Default Rating
Issuer: Lake County School Board (FL)
Bond: Issuer Default Rating
Series: Issuer Default Rating
28-Mar-2025
AA
Upgrade
Long Term Rating

28-Mar-2025
AA
Upgrade
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)
Currency: USD
Amount: 0
Placement: Public
Security LTR: AA
Security: Lake County School Board (FL) / Lease Obligations - Standard
Issuer: Lake County School Board (FL)
Bond: (Florida Master Lease Program) COPs ser 2015B
Series: 2015B
28-Mar-2025
AA-
Upgrade
Long Term Rating

28-Mar-2025
AA-
Upgrade
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: 50825JLT1 (Public)
Maturity Date: 01-Jun-2028
Currency: USD
Amount: 0
Placement: Public
Security LTR: AA-
Security: Lake County School Board (FL) / Lease Obligations - Standard
Issuer: Lake County School Board (FL)
Bond: (Florida Master Lease Program) COPs ser 2015B
Series: 2015B
28-Mar-2025
AA-
Upgrade
Long Term Rating

28-Mar-2025
AA-
Upgrade
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: 50825JLQ7 (Public)
Maturity Date: 01-Jun-2025
Currency: USD
Amount: 0
Placement: Public
Security LTR: AA-
Security: Lake County School Board (FL) / Lease Obligations - Standard
Issuer: Lake County School Board (FL)
Bond: (Florida Master Lease Program) COPs ser 2015B
Series: 2015B
28-Mar-2025
AA-
Upgrade
Long Term Rating

28-Mar-2025
AA-
Upgrade
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: 50825JLS3 (Public)
Maturity Date: 01-Jun-2027
Currency: USD
Amount: 0
Placement: Public
Security LTR: AA-
Security: Lake County School Board (FL) / Lease Obligations - Standard
Issuer: Lake County School Board (FL)
Bond: (Florida Master Lease Program) COPs ser 2015B
Series: 2015B
28-Mar-2025
AA-
Upgrade
Long Term Rating

28-Mar-2025
AA-
Upgrade
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: 50825JLU8 (Public)
Maturity Date: 01-Jun-2029
Currency: USD
Amount: 0
Placement: Public
Security LTR: AA-
Security: Lake County School Board (FL) / Lease Obligations - Standard
Issuer: Lake County School Board (FL)
Bond: (Florida Master Lease Program) COPs ser 2015B
Series: 2015B
28-Mar-2025
AA-
Upgrade
Long Term Rating

28-Mar-2025
AA-
Upgrade
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: 50825JLR5 (Public)
Maturity Date: 01-Jun-2026
Currency: USD
Amount: 0
Placement: Public
Security LTR: AA-
Security: Lake County School Board (FL) / Lease Obligations - Standard
Issuer: Lake County School Board (FL)
Bond: (Florida Master Lease Program) COPs ser 2015B
Series: 2015B
28-Mar-2025
AA-
Upgrade
Long Term Rating

28-Mar-2025
AA-
Upgrade
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: 50825JLW4 (Public)
Maturity Date: 01-Jun-2031
Currency: USD
Amount: 0
Placement: Public
Security LTR: AA-
Security: Lake County School Board (FL) / Lease Obligations - Standard
Issuer: Lake County School Board (FL)
Bond: (Florida Master Lease Program) COPs ser 2015B
Series: 2015B
28-Mar-2025
AA-
Upgrade
Long Term Rating

28-Mar-2025
AA-
Upgrade
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: 50825JLV6 (Public)
Maturity Date: 01-Jun-2030
Currency: USD
Amount: 0
Placement: Public
Security LTR: AA-
Security: Lake County School Board (FL) / Lease Obligations - Standard
Issuer: Lake County School Board (FL)
Bond: (Master Lease Prog) COPs ser 2013A
Series: 2013A
28-Mar-2025
AA-
Upgrade
Long Term Rating

28-Mar-2025
AA-
Upgrade
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: 50825JKN5 (Public)
Maturity Date: 01-Jun-2029
Currency: USD
Amount: 0
Placement: Public
Security LTR: AA-
Security: Lake County School Board (FL) / Lease Obligations - Standard
Issuer: Lake County School Board (FL)
Bond: (Master Lease Prog) COPs ser 2013A
Series: 2013A
28-Mar-2025
AA-
Upgrade
Long Term Rating

28-Mar-2025
AA-
Upgrade
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: 50825JKM7 (Public)
Maturity Date: 01-Jun-2028
Currency: USD
Amount: 0
Placement: Public
Security LTR: AA-
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05Disclosures

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

06Criteria

02Apr
2024
Active Criteria
U.S. Public Finance Local Government Rating Criteria
27Mar
2020
Expired Criteria
U.S. Public Finance Tax-Supported Rating Criteria -- Effective 3/27/20--5/4/21

07Analysts

Tammy Ou
Primary Rating Analyst

Kevin Dolan
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