The 'AAA' rating on Monmouth County, N.J.'s series 2005A-2005C GO bonds reflects the county's: Strong local economy anchored by the services, retail trade, and health care industries; Substantial and rapidly growing tax base; Wealth and income levels that exceed both state and national levels; Consistently strong financial position, evidenced by regular operating surpluses and high current fund balances; and Manageable overall debt burden. The series 2005A, 2005B, and 2005C bonds are secured by the county's full faith and credit GO pledge. Proceeds of the series 2005A and 2005B bonds will be used to finance various county and community college capital and facility construction and improvements. Proceeds of the series 2005C bonds will be used to finance landfill liner construction for
