| Title: | Summary: Montgomery County, Ohio; General Obligation |
| Price: | $175.00 |
| Publication Date: | May 09, 2008 |
| Report Type: | Summary |
| Abstract: | The 'AA' ratings on Montgomery County, Ohio's general obligation (GO) bonds reflects the following credit characteristics: A solid economic base anchored by Dayton, Ohio; Solid financial operations despite recent reductions in the general fund balance; and A low debt burden with limited debt needs. Although the county's economic base has been contracting, as also evidenced by a declining population and flat sales tax receipts, the above strengths offset these vulnerabilities to the county's creditworthiness. Montgomery County is anchored by the city of Dayton (A+/Stable GO debt rating). Total county population is estimated at 544,570, which represents a 2.6% reduction from 2000. Since then, the county has suffered the loss of a large United Parcel Service of America Inc. (UPS) facility |
| Brief Excerpt: | RESEARCH Ratings Definitions Summary: Montgomery County, Ohio; General Obligation Publication date: ##-May-#### Primary Credit Analyst: Scott D Garrigan, Chicago (#) ###-###-####; scott_garrigan@standardandpoors.com Secondary Credit... |
| Word Count: | 1071 |
| Issuer: | Montgomery Cnty |
| Sector: | Global Issuers, Public Finance, Financial Institutions, Corporations |
| Country: | United States |
| Region: | United States |
| Format: |
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