| Title: | Summary: Solon, Ohio; General Obligation |
| Price: | $175.00 |
| Publication Date: | May 07, 2008 |
| Report Type: | Summary |
| Abstract: | The upgrade to 'AAA' from 'AA+' on the city of Solon, Ohio's GO debt reflects the city's extremely strong creditworthiness, which includes the following characteristics: Access to the large and diverse Cleveland-Akron area employment base, A large local employment base within the city that helps to support the city's income and property tax bases, Economic indicators that compare very well with national averages, Solid financial performance backed with very strong reserves, and A low debt burden with no additional debt plans. Solon is in Cuyahoga County (AA+/Stable GO rating), about 20 miles southeast of downtown Cleveland and 25 miles north of downtown Akron (A+/Stable GO rating). Its population currently stands at approximately 22,400, and the city's geographic location enables residents |
| Brief Excerpt: | RESEARCH Ratings Definitions Summary: Solon, Ohio; General Obligation Publication date: ##-May-#### Primary Credit Analyst: Scott D Garrigan, Chicago (#) ###-###-####; scott_garrigan@standardandpoors.com Secondary Credit Analyst:... |
| Word Count: | 855 |
| Issuer: | Solon |
| Sector: | Global Issuers, Public Finance, Financial Institutions |
| Country: | United States |
| Region: | United States |
| Format: |
HTML
|
| Free Sample: |
Click
Here
to Download
|
Looking For Something Else?