The affirmed rating on Newington, Conn.'s bonds reflects: * Consistent assessed valuation (AV) growth, * Sound financial performance, and * Low debt burden. These strengths are offset by the town's stagnant population growth and some vulnerability to broader regional economic trends. The town of Newington is located six miles southwest of Hartford and comprises a small 13.2 square miles. Newington is chiefly a residential community; however, there is substantial industry scattered throughout the town due to the location of the Berlin Turnpike. Economic prospects in Newington include the development of the Berlin Turnpike Plaza and development of a new industrial and commercial park. Despite closure of two major retail outlets, Newington continued a moderate growth trend. Due to solid industrial
