Summary: Monmouth County, New Jersey   Monmouth County Improvement Authority; Appropriations; General Obligation; General Obligation Equivalent Security; Note - S&P Global Ratings’ Credit Research

Summary: Monmouth County, New Jersey Monmouth County Improvement Authority; Appropriations; General Obligation; General Obligation Equivalent Security; Note

Summary: Monmouth County, New Jersey   Monmouth County Improvement Authority; Appropriations; General Obligation; General Obligation Equivalent Security; Note - S&P Global Ratings’ Credit Research
Summary: Monmouth County, New Jersey Monmouth County Improvement Authority; Appropriations; General Obligation; General Obligation Equivalent Security; Note
Published Nov 22, 2024
9 pages (3272 words) — Published Nov 22, 2024
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Abstract:

S&P Global Ratings affirmed its 'AAA' long term rating on Monmouth County, N.J.'s general obligation (GO) bonds, based on the application of its "Methodology For Rating U.S. Governments," published Sept. 9, 2024 on RatingsDirect. We assigned our 'AAA' long-term rating to the Monmouth County Improvement Authority's approximately $79.7 million series 2024A governmental pooled loan revenue bonds, guaranteed by Monmouth County. In addition, we affirmed our 'SP-1+' short-term rating on the county's outstanding 2024 bond anticipation notes (BANs) At the same time, we affirmed our 'AAA' long-term rating on the county's existing guaranteed bonds, issued by the Monmouth County Improvement Authority. The outlook on the long-term rating is stable. The county's full-faith-and-credit pledge, including an agreement to levy unlimited ad valorem

  
Brief Excerpt:

...+ S&P Global Ratings affirmed its '###' long term rating on Monmouth County, N.J.'s general obligation (GO) bonds, based on the application of its "Methodology For Rating U.S. Governments," published Sept. 9, 2024 on RatingsDirect. + We assigned our '###' long-term rating to the Monmouth County Improvement Authority's approximately $79.7 million series 2024A governmental pooled loan revenue bonds, guaranteed by Monmouth County. + In addition, we affirmed our 'SP-1+' short-term rating on the county's outstanding 2024 bond anticipation notes (BANs) + At the same time, we affirmed our '###' long-term rating on the county's existing guaranteed bonds, issued by the Monmouth County Improvement Authority. + The outlook on the long-term rating is stable....

  
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Monmouth County, New Jersey Monmouth County Improvement Authority; Appropriations; General Obligation; General Obligation Equivalent Security; Note" Nov 22, 2024. Alacra Store. May 12, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Monmouth-County-New-Jersey-Monmouth-County-Improvement-Authority-Appropriations-General-Obligation-General-Obligation-Equivalent-Security-Note-3289666>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Monmouth County, New Jersey Monmouth County Improvement Authority; Appropriations; General Obligation; General Obligation Equivalent Security; Note Nov 22, 2024. New York, NY: Alacra Store. Retrieved May 12, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Monmouth-County-New-Jersey-Monmouth-County-Improvement-Authority-Appropriations-General-Obligation-General-Obligation-Equivalent-Security-Note-3289666>
  
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