The rating on Naperville, Ill.'s GO refunding bonds reflects the city's: Large, well-diversified, and steadily growing tax base; Very high wealth and income levels; Extremely strong fiscal management and excellent financial performance; and Moderate debt burden. Located 30 miles west of Chicago, Ill. in DuPage County, Naperville is a rapidly growing community with a strong corporate presence. The city's population, estimated at 135,000, increased 59% during the 1990s after doubling in the previous decade due, in good part, to job growth along the Interstate 88 East-West Tollway corridor, which passes through the city's northern border. Income levels are high with per capita effective buying income at 179% of the nation's level. Unemployment averaged just 2.8% in 1999. The city's tax
