S&P Credit Research

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:HTML HTML
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S&P Credit Research

S&P Credit Research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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