Cuyahoga County, OH's Series 2014 Sales Tax Revenue Bonds Rated 'AAA' - S&P Global Ratings’ Credit Research

Cuyahoga County, OH's Series 2014 Sales Tax Revenue Bonds Rated 'AAA'

Cuyahoga County, OH's Series 2014 Sales Tax Revenue Bonds Rated 'AAA' - S&P Global Ratings’ Credit Research
Cuyahoga County, OH's Series 2014 Sales Tax Revenue Bonds Rated 'AAA'
Published Nov 21, 2014
Published Nov 21, 2014
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Abstract:

CHICAGO (Standard&Poor's) Nov. 21, 2014--Standard&Poor's Ratings Services assigned its 'AAA' long-term rating to Cuyahoga County, Ohio's series 2014 various purpose sales tax revenue bonds. The outlook is stable. Cuyahoga County will use bonds proceeds to finance various county building and other capital improvements and to refund the county's series 2000 and series 2005 limited tax general obligation (LTGO) sewer district improvement bonds and series 2009A various purpose LTGO bonds for interest savings. "The rating reflects the pledge of a 1% countywide sales and use tax, and our view of the county's fairly stable sales tax revenue stream, deep and diverse Cuyahoga County regional economy, very strong maximum annual debt service of about 11.8x, and good legal

  
Report Type:

Ratings Action

Issuer
Sector
Global Issuers, Public Finance
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Cuyahoga County, OH's Series 2014 Sales Tax Revenue Bonds Rated 'AAA'" Nov 21, 2014. Alacra Store. May 18, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Cuyahoga-County-OH-s-Series-2014-Sales-Tax-Revenue-Bonds-Rated-AAA-1370883>
  
APA:
S&P Global Ratings’ Credit Research. (). Cuyahoga County, OH's Series 2014 Sales Tax Revenue Bonds Rated 'AAA' Nov 21, 2014. New York, NY: Alacra Store. Retrieved May 18, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Cuyahoga-County-OH-s-Series-2014-Sales-Tax-Revenue-Bonds-Rated-AAA-1370883>
  
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