The 'AA' rating on Franklin, Mass.' GO bonds reflects the town's: Strong financial performance, with more than 20% of 2002 operating expenses undesignated or set aside in a stabilization fund; Above-average income levels, as indicated by median household effective buying income that is 160% of the national level; Manageable debt position; and Advantageous location along the high-tech Interstate 495 corridor with accessibility by commuter rail to Boston, Mass. The town's full faith and credit pledge secures the bonds. Franklin, with a population of about 30,000, is centrally located about 28 miles from New England's three largest cities: Boston; Worcester, Mass.; and Providence, R.I. The town's population has increased 33% since 1990, out-pacing the state's average growth of 5.5% over the
