Nashville&Davidson County Metropolitan Government, TN Rating Outlook Revised To Stable - S&P Global Ratings’ Credit Research

Nashville&Davidson County Metropolitan Government, TN Rating Outlook Revised To Stable

Nashville&Davidson County Metropolitan Government, TN Rating Outlook Revised To Stable - S&P Global Ratings’ Credit Research
Nashville&Davidson County Metropolitan Government, TN Rating Outlook Revised To Stable
Published Sep 01, 2009
Published Sep 01, 2009
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Abstract:

DALLAS (Standard&Poor's) Sept. 1, 2009--Standard&Poor's Ratings Services revised its outlook on the 'AA' long-term rating and underlying rating (SPUR) on Nashville&Davidson County Metropolitan Government, Tenn.'s general obligation (GO) debt to stable from negative based on Standard&Poor's opinion that while overall reserves are still somewhat thin for the rating level, management has taken a number of measures to reverse recent declines and control expenditure growth. The rating service also affirmed its 'AA' standard long-term rating and SPUR on the metropolitan government's GO debt. Standard&Poor's believes management will still face challenges maintaining its structurally balanced budgets due mainly to its financial support of the affiliated hospital authority. In Standard&Poor's opinion,

  
Report Type:

Ratings Action

Issuer
Sector
Global Issuers, Public Finance
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Nashville&Davidson County Metropolitan Government, TN Rating Outlook Revised To Stable" Sep 01, 2009. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Nashville-Davidson-County-Metropolitan-Government-TN-Rating-Outlook-Revised-To-Stable-744063>
  
APA:
S&P Global Ratings’ Credit Research. (). Nashville&Davidson County Metropolitan Government, TN Rating Outlook Revised To Stable Sep 01, 2009. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Nashville-Davidson-County-Metropolitan-Government-TN-Rating-Outlook-Revised-To-Stable-744063>
  
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