Summary: Polk County, Iowa; General Obligation - S&P Global Ratings’ Credit Research

Summary: Polk County, Iowa; General Obligation

Summary: Polk County, Iowa; General Obligation - S&P Global Ratings’ Credit Research
Summary: Polk County, Iowa; General Obligation
Published Nov 07, 2007
1120 words — Published Nov 07, 2007
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Abstract:

The Standard&Poor's underlying rating (SPUR) on Polk County, Iowa's GO bonds has been raised to 'AAA' from 'AA+', based on a continued trend of steady economic growth and the implementation of long-term planning tools. The rating also reflects the following credit factors: Participation in the strong and diverse Des Moines, Iowa MSA economy; A stable financial position supported by a policy to pass balanced budgets; and Low debt burden. Polk County forms the base of the Des Moines MSA, which is a growing and diversified regional economic center in central Iowa. A number of firms in the insurance and financial services sectors anchor the county's substantial employment base. Leading employers with more than 5,000 employees are: Wells Fargo

  
Brief Excerpt:

RESEARCH Summary: Polk County, Iowa; General Obligation Publication date: 07-Nov-2007 Primary Credit Analyst: Helen Samuelson, Chicago (1) 312-233-7011; helen_samuelson@standardandpoors.com Secondary Credit Analyst: Scott D Garrigan,...

  
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Polk County, Iowa; General Obligation" Nov 07, 2007. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Polk-County-Iowa-General-Obligation-612017>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Polk County, Iowa; General Obligation Nov 07, 2007. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Polk-County-Iowa-General-Obligation-612017>
  
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