Summary: Cedar Hill, Texas; General Obligation - S&P Global Ratings’ Credit Research

Summary: Cedar Hill, Texas; General Obligation

Summary: Cedar Hill, Texas; General Obligation - S&P Global Ratings’ Credit Research
Summary: Cedar Hill, Texas; General Obligation
Published Sep 07, 2007
Published Sep 07, 2007
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Abstract:

Standard&Poor's Ratings Services raised its standard long-term rating and Standard&Poor's underlying rating (SPUR) on Cedar Hill, Texas' GO debt one notch to 'AA-' from 'A+' based on the city's continued substantial economic expansion and consistently strong financial position and performance. The outlook remains stable. At the same time, Standard&Poor's assigned its 'AA-' standard long-term rating, and stable outlook, to the city's series 2007 GO bonds and series 2007 combination tax and revenue certificates of obligation. The ratings continue to reflect the city's: Strong assessed value (AV) growth; Participation in the diverse Dallas-Fort Worth MSA economy with direct transportation access to the greater Dallas, Texas labor market; and Above-average income and wealth levels. These strengths

  
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Cedar Hill, Texas; General Obligation" Sep 07, 2007. Alacra Store. May 17, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Cedar-Hill-Texas-General-Obligation-600313>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Cedar Hill, Texas; General Obligation Sep 07, 2007. New York, NY: Alacra Store. Retrieved May 17, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Cedar-Hill-Texas-General-Obligation-600313>
  
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