Summary: Cuyahoga County, Ohio; Appropriations; General Obligation; Miscellaneous Tax - S&P Global Ratings’ Credit Research

Summary: Cuyahoga County, Ohio; Appropriations; General Obligation; Miscellaneous Tax

Summary: Cuyahoga County, Ohio; Appropriations; General Obligation; Miscellaneous Tax - S&P Global Ratings’ Credit Research
Summary: Cuyahoga County, Ohio; Appropriations; General Obligation; Miscellaneous Tax
Published Dec 10, 2013
Published Dec 10, 2013
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Abstract:

Standard&Poor's Ratings Services has assigned its 'AA-' rating to Cuyahoga County, Ohio's series 2013B taxable economic development revenue bonds, based on our local GO criteria. We also affirmed our 'AA' long-term ratings on the county's general obligation (GO) debt, and our 'AA-' long-term ratings on the nontax and appropriation secured bonds issued either by or for Cuyahoga County. The outlook is stable. We rate the series 2013B and parity nontax revenue bonds one notch below the GO rating due to the limited nature of the security. The notched rating on the Cleveland-Cuyahoga County Port Authority's lease revenue bonds issued for Cuyahoga County reflects the appropriation risk, while our notched rating on Gateway Economic Development Corp.'s series 2004A stadium revenue

  
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Summary

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Global Issuers, Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Cuyahoga County, Ohio; Appropriations; General Obligation; Miscellaneous Tax" Dec 10, 2013. Alacra Store. May 18, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Cuyahoga-County-Ohio-Appropriations-General-Obligation-Miscellaneous-Tax-1226030>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Cuyahoga County, Ohio; Appropriations; General Obligation; Miscellaneous Tax Dec 10, 2013. New York, NY: Alacra Store. Retrieved May 18, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Cuyahoga-County-Ohio-Appropriations-General-Obligation-Miscellaneous-Tax-1226030>
  
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