City of Casa Grande, Arizona - excise tax rev obligs ser 2003 - New Issue - 2003/11/11 - Fitch Research

Report title: City of Casa Grande, Arizona - excise tax rev obligs ser 2003

from Fitch Research
4 page (2806 word) report published Nov 11, 2003

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...The A+ rating on the City of Casa Grande s excise tax revenue obligations reflects the city s solid fiscal policies and financial performance, sound legal provisions, and steady growth in excise tax collections. Risks include Casa Grande s reliance on excise taxes to fund general services, the potential volatility of excise tax revenue, the somewhat limited tax base, and below-average income...

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