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

Summary: Huntsville, Alabama; General Obligation

Summary: Huntsville, Alabama; General Obligation - S&P Global Ratings’ Credit Research
Summary: Huntsville, Alabama; General Obligation
Published Oct 13, 2011
1810 words — Published Oct 13, 2011
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Abstract:

Standard&Poor's Ratings Services assigned its 'AAA' long-term rating and stable outlook to Huntsville, Ala.'s series 2011A general obligation (GO) refunding and capital improvement warrants and series 2011B GO school capital improvement warrants and affirmed its 'AAA' long-term rating and underlying rating (SPUR), with a stable outlook, on the city's existing GO debt. The rating reflects our assessment of the city's: Growing service area economy that, despite the recession, has continued to expand and is poised for additional military-related employment; Extremely strong wealth with, what we consider, good income; Strong growth and a continually diversifying property tax base, coupled with some dependence on the military, aerospace, and electronic industries; Historically very strong finances, supported by, what we view as,

  
Brief Excerpt:

RESEARCH Summary: Huntsville, Alabama; General Obligation Publication date: 13-Oct-2011 Primary Credit Analyst: Jim Tchou, New York (1) 212-438-3821; jim_tchou@standardandpoors.com Secondary Contact: Edward R McGlade, New York (1)...

  
Report Type:

Summary

Issuer
Sector
Global Issuers, Public Finance
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Huntsville, Alabama; General Obligation" Oct 13, 2011. Alacra Store. May 05, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Huntsville-Alabama-General-Obligation-899759>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Huntsville, Alabama; General Obligation Oct 13, 2011. New York, NY: Alacra Store. Retrieved May 05, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Huntsville-Alabama-General-Obligation-899759>
  
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