| Title: | Sevier County Public Building Authority, Tennessee Sevier County; General Obligation Equivalent Security |
| Price: | $400.00 |
| Publication Date: | May 09, 2008 |
| Report Type: | Full Report |
| Abstract: | Standard&Poor's Ratings Services affirmed its 'AA-' underlying rating (SPUR) on Sevier County Public Building Authority, Tenn.'s general obligation (GO) debt, issued for Sevier County. The rating reflects the county's: Location in the Knoxville metropolitan statistical area (MSA), as well as its location near Great Smoky Mountains National Park, a destination that has virtually as many visitors as the Grand Canyon, Yosemite, and Yellowstone national parks combined; Steady assessed valuation growth; and Sound financial performance. The rating is constrained by: A tourism-driven local economy that, despite demonstrating stability and resiliency since Sept. 11, 2001, could always have some vulnerability to severe economic cycles and adverse events; and Seasonal employment trends due to a dependence on the tourist industry. The |
| Brief Excerpt: | RESEARCH Ratings Definitions Sevier County Public Building Authority, Tennessee Sevier County; General Obligation Equivalent Security Publication date: ##-May-#### Primary Credit Analyst: Sarah Smaardyk, Dallas (#) ###-###-####; sarah_smaardyk@standarda... |
| Word Count: | 1409 |
| Issuer: | Sevier Cnty |
| Sector: | Public Finance |
| Country: | United States |
| Region: | United States |
| Format: | 
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