The 'AA' rating on Hopkinton, Mass.' GO bonds series 2004 reflects the town's: Stable local economy, complemented by access to the employment opportunities located within the greater Boston MSA; Affluent and primarily residential tax base; Sound financial position supported by sound fund balance reserves and a stable revenue stream; and A favorable debt position. The bonds are secured by the town's full faith and credit pledge. Proceeds will be used to finance the construction of a police station and three additional capital projects. Hopkinton (population 13,346) is an affluent suburb 35 miles west of Boston, near the intersection of Interstate 495 and the Massachusetts Turnpike. This favorable location increases access to the deep and diverse employment opportunities located within the
