Summary: Douglasville, Georgia.; General Obligation - S&P Global Ratings’ Credit Research

Summary: Douglasville, Georgia.; General Obligation

Summary: Douglasville, Georgia.; General Obligation - S&P Global Ratings’ Credit Research
Summary: Douglasville, Georgia.; General Obligation
Published Jul 21, 2009
Published Jul 21, 2009
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Abstract:

Standard&Poor's Ratings Services assigned its 'A+' rating, and stable outlook, to Douglasville, Ga.'s series 2009 general obligation (GO) bonds. The rating reflects our opinion of the city's: Local economy, enhanced by its close access to, and participation in, the deep and diverse Atlanta metropolitan statistical area (MSA); Recently improved financial position with reserves we consider very strong; and Moderate debt burden and manageable additional capital needs. Proceeds from this bond issue have been authorized to construct a new public safety building and municipal court building. Douglasville is approximately 25 miles west of Atlanta in Douglas County. The city's 2008 population of 28,799 was up by 43% since 2000, outpacing county, state, and national growth during that period. The

  
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Douglasville, Georgia.; General Obligation" Jul 21, 2009. Alacra Store. May 18, 2024. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Douglasville-Georgia-General-Obligation-735172>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Douglasville, Georgia.; General Obligation Jul 21, 2009. New York, NY: Alacra Store. Retrieved May 18, 2024 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Douglasville-Georgia-General-Obligation-735172>
  
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