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Fitch Affirms Hillsborough CSD, CA's GOs at 'AAA'; Outlook Stable

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed Hillsborough City School District, California's (the district) general obligation (GO) bonds at 'AAA' as follows: --$29.9 million (election of 2002) GO bonds, series B. The Rating Outlook is Stable. SECURITY The bonds are payable from an unlimited property tax on all taxable property within the district. KEY RATING DRIVERS STRONG FINANCIAL MANAGEMENT: The 'AAA' rating reflects the district's strong financial position, exhibited by its histor

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