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

Summary: Cuyahoga County, Ohio; General Obligation

Summary: Cuyahoga County, Ohio; General Obligation - S&P Global Ratings’ Credit Research
Summary: Cuyahoga County, Ohio; General Obligation
Published Jan 04, 2008
1306 words — Published Jan 04, 2008
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Abstract:

The 'AA+' rating on Cuyahoga County, Ohio's GO bonds reflects the county's: Deep, diverse economic base that is anchored by the city of Cleveland; Average income levels; Financial management team with a proven track record of proactive management in maintaining a strong financial position; and Average overall debt burden. Limitations on the strengths above include the continuing challenge of funding general fund operations partly from economically sensitive sales tax revenues. Cuyahoga County is located in northeastern Ohio, on Lake Erie. The county is anchored by the city of Cleveland ('A'/Stable), which constitutes approximately 34% of the county's population and 19% of its assessed value (AV). Population in the county continues to decline, as does Cleveland's, decreasing 5.7% between 2000 and

  
Brief Excerpt:

RESEARCH Summary: Cuyahoga County, Ohio; General Obligation Publication date: 04-Jan-2008 Primary Credit Analyst: Steffanie Dyer, Chicago (1) 312-233-7007; steffanie_dyer@standardandpoors.com Secondary Credit Analyst: Robin Prunty,...

  
Report Type:

Summary

Issuer
Sector
Global Issuers, Public Finance
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Cuyahoga County, Ohio; General Obligation" Jan 04, 2008. Alacra Store. May 19, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Cuyahoga-County-Ohio-General-Obligation-624244>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Cuyahoga County, Ohio; General Obligation Jan 04, 2008. New York, NY: Alacra Store. Retrieved May 19, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Cuyahoga-County-Ohio-General-Obligation-624244>
  
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