Moody's upgrades Glendale, AZ's transportation excise tax bonds to A1; outlook stable - Moody's Global Credit Research

Moody's upgrades Glendale, AZ's transportation excise tax bonds to A1; outlook stable

Moody's upgrades Glendale, AZ's transportation excise tax bonds to A1; outlook stable - Moody's Global Credit Research
Moody's upgrades Glendale, AZ's transportation excise tax bonds to A1; outlook stable
Published May 26, 2023
5 pages (2357 words) — Published May 26, 2023
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Rating Action

Issuer
Glendale (City of) AZ; Glendale Municipal Property Corporation, AZ
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City of Glendale, AZ: Annual comment onGlendale - Issuer Comment – 2023/09/19 – US$ 200.00 – ...Economy Resident income ratio Median Household Income (MHI) for the city or county, adjusted for Regional Price Parity (RPP), as a % of the US MHI MHI: US Census Bureau - American Community Survey 5-Year Estimates RPP: US Bureau of Economic Analysis Full value Estimated market value of taxable property in the city or county State repositories; audited financial statements; continuing disclosures Population Population of the city or county US Census Bureau - American Community Survey 5-Year Estimates Full value per capita Full value / population Economic growth metric Five year CAGR of real GDP for Metropolitan Statistical Area or county minus the five-year CAGR of real GDP for the US Real GDP: US Bureau of Economic Analysis Financial performance Revenue Sum of revenue from total governmental funds, operating and non- operating revenue from total business-type activities, and non- operating revenue from internal services funds, excluding transfers and one-time revenue, e.g., bond proceeds...

City of Glendale, AZ: Annual Comment on Glendale - Issuer Comment – 2021/08/09 – US$ 200.00 – ... data sources; Offering statements; Moody's Investors Service EXHIBIT 4...

City of Glendale, AZ: Annual Comment on Glendale - Issuer Comment – 2020/09/30 – US$ 200.00 – ... data sources; Offering statements; Moody's Investors Service EXHIBIT 4...

City of Glendale, AZ: Annual Comment on Glendale - Issuer Comment – 2019/09/27 – US$ 200.00 – ... data sources; Offering statements; Moody's Investors Service EXHIBIT 4...

City of Glendale, AZ: Annual Comment on Glendale - Issuer Comment – 2018/08/02 – US$ 200.00 – ... data sources; Offering statements; Moody's Investors Service EXHIBIT 4...

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Moody's Global Credit Research—Moody's Investors Service, a leading global credit rating, research and risk analysis firm, publishes credit opinions, research, and ratings on fixed-income securities, issuers of securities and other credit obligations. Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Ratings also create efficiencies in fixed-income markets and similar obligations, such as insurance and derivatives, by providing reliable, credible, and independent assessments of credit risk. For issuers, Moody's services increase market liquidity and may reduce transaction costs.

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MLA:
Moody's Global Credit Research. "Moody's upgrades Glendale, AZ's transportation excise tax bonds to A1; outlook stable" May 26, 2023. Alacra Store. Apr 20, 2024. <http://www.alacrastore.com/moodys-credit-research/Moody-s-upgrades-Glendale-AZ-s-transportation-excise-tax-bonds-to-A1-outlook-stable-PR_908139495>
  
APA:
Moody's Global Credit Research. (). Moody's upgrades Glendale, AZ's transportation excise tax bonds to A1; outlook stable May 26, 2023. New York, NY: Alacra Store. Retrieved Apr 20, 2024 from <http://www.alacrastore.com/moodys-credit-research/Moody-s-upgrades-Glendale-AZ-s-transportation-excise-tax-bonds-to-A1-outlook-stable-PR_908139495>
  
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