Cedar Hill, Texas; General Obligation - S&P Global Ratings’ Credit Research

Cedar Hill, Texas; General Obligation

Cedar Hill, Texas; General Obligation - S&P Global Ratings’ Credit Research
Cedar Hill, Texas; General Obligation
Published Sep 05, 2006
Published Sep 05, 2006
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

Standard&Poor's Ratings Services assigned its 'A+' standard long-term rating, and stable outlook, to Cedar Hill, Texas' GO bonds, series 2006A. In addition, Standard&Poor's affirmed its 'A+' rating and 'A+' underlying rating (SPUR), and stable outlook, on the city's outstanding GO debt and certificates of obligation (COPs). The ratings reflect the city's: Sustained property tax base growth and diversification; Participation in the diverse Dallas-Fort Worth MSA economy, with sound transportation access to the greater Dallas, Texas labor market; Above-average income and wealth levels; and Consistently strong financial performance and position. These strengths are offset, in part, by the city's: High overall debt levels, and Growth-driven, future capital needs. The city's full faith and credit pledge secures the

  
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Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Cedar Hill, Texas; General Obligation" Sep 05, 2006. Alacra Store. May 18, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Cedar-Hill-Texas-General-Obligation-530417>
  
APA:
S&P Global Ratings’ Credit Research. (). Cedar Hill, Texas; General Obligation Sep 05, 2006. New York, NY: Alacra Store. Retrieved May 18, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Cedar-Hill-Texas-General-Obligation-530417>
  
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