Summary: Hopkinton, Massachusetts; General Obligation - S&P Global Ratings’ Credit Research

Summary: Hopkinton, Massachusetts; General Obligation

Summary: Hopkinton, Massachusetts; General Obligation - S&P Global Ratings’ Credit Research
Summary: Hopkinton, Massachusetts; General Obligation
Published Feb 15, 2013
Published Feb 15, 2013
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Abstract:

Standard&Poor's Ratings Services has assigned its 'AA+' long-term rating to the town of Hopkinton, Mass.' general obligation (GO) series 2013 municipal purpose loan bonds and affirmed its 'AA+' long-term rating and underlying rating (SPUR) on the town's previously issued GO debt. The outlook on all the ratings is stable. Rating factors include the town's: Stable economy, complemented by its access to jobs in the greater Boston area; Primarily residential property tax base, albeit with a growing commercial and industrial presence; Very strong household incomes and low unemployment compared with the commonwealth and nation; Strong and consistent property tax collection record and our expectation that the town will improve its available reserves; and Low overall net debt burden and

  
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Summary

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Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Hopkinton, Massachusetts; General Obligation" Feb 15, 2013. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Hopkinton-Massachusetts-General-Obligation-1079044>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Hopkinton, Massachusetts; General Obligation Feb 15, 2013. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Hopkinton-Massachusetts-General-Obligation-1079044>
  
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