The rating on Cedar Hill, Texas' bonds reflects a pledge of the combined system's net revenues. Credit factors include: The city's location in the Dallas-Fort Worth metropolitan area, High combined water and sewer rates, Adequate system financial operations, A low but increasing debt burden, and The additional burden of funding Cedar Hill's portion of the Joe Pool Lake project. Cedar Hill is a residential community located 19 miles southwest of Dallas and benefits from the strong area economy. As Cedar Hill has developed into a suburb, income levels have increased to 120.8% of state and 114.9% of national averages. Combined water and sewer rates were just increased 12.2% last fall and are above average at $62.31 per month based upon
