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

Summary: Houston County, Alabama; General Obligation

Summary: Houston County, Alabama; General Obligation - S&P Global Ratings’ Credit Research
Summary: Houston County, Alabama; General Obligation
Published Aug 21, 2012
1561 words — Published Aug 21, 2012
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Abstract:

Standard&Poor's Ratings Services has affirmed its 'A+' underlying rating (SPUR) on Houston County, Ala.'s general obligation (GO) debt. The outlook is stable. The long-term rating reflects: Position as southeast Alabama's regional economic center; Strong financial performance and position; and Low debt burden, coupled with limited additional capital needs Offsetting rating factors include the county's: Moderately concentrated property tax base, and Below-average income levels. The outstanding bonds are GOs of the county, of which the full faith, credit, and taxing power are irrevocably pledged. Houston County, with a population of about 103,025, including the county seat of Dothan, serves as a regional trade and health care center for Alabama's surrounding rural counties, as well as parts of Florida and

  
Brief Excerpt:

RESEARCH Summary: Houston County, Alabama; General Obligation Publication date: 21-Aug-2012 Primary Credit Analyst: Daniel Cuddy, Boston (1) 617-530-8120; daniel_cuddy@standardandpoors.com Secondary Contact: Edward R McGlade, New...

  
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Summary

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Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Houston County, Alabama; General Obligation" Aug 21, 2012. Alacra Store. May 12, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Houston-County-Alabama-General-Obligation-1002579>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Houston County, Alabama; General Obligation Aug 21, 2012. New York, NY: Alacra Store. Retrieved May 12, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Houston-County-Alabama-General-Obligation-1002579>
  
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