The rating on Cedar Hill, Texas' bonds reflects the security of the combined system's net revenue pledge. Credit factors include: Location near the rapidly growing Dallas-Fort Worth economic base, 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 average and 114.9% of national average. Combined water and sewer rates were just increased 8.06% last fall and are above average at $70.32 per month
