Summary: Hudson County, New Jersey Hudson County Improvement Authority; Appropriations; General Obligation; General Obligation Equivalent Security; School State Program

S&P Global Ratings assigned its 'AA' long-term rating to the Hudson County Improvement Authority, N.J.'s series 2019 county-guaranteed solid waste system revenue refunding bonds and affirmed its 'AA' long-term rating on Hudson County's general obligation (GO) debt and the authority's existing GO-backed debt. S&P Global Ratings also affirmed its 'AA-' long-term rating and underlying rating (SPUR) on the county's appropriation-backed obligations. The outlook on all ratings is stable. The county's general creditworthiness reflects our view of its very strong economy with a growing property tax base and access to the New York City metropolitan statistical area (MSA). In addition, although fiscal 2018 resulted in a planned one-time reserve drawdown, we believe the county has historically maintained strong budgetary performance; we

...S&P Global Ratings assigned its '##' long-term rating to the Hudson County Improvement Authority, N.J.'s series 2019 county-guaranteed solid waste system revenue refunding bonds and affirmed its '##' long-term rating on Hudson County's general obligation (GO) debt and the authority's existing GO-backed debt. S&P Global Ratings also affirmed its '##-' long-term rating and underlying rating (SPUR) on the county's appropriation-backed obligations. The outlook on all ratings is stable....

Summary