Summary: Sarasota County, Florida; Miscellaneous Tax; Sales Tax - S&P Global Ratings’ Credit Research

Summary: Sarasota County, Florida; Miscellaneous Tax; Sales Tax

Summary: Sarasota County, Florida; Miscellaneous Tax; Sales Tax - S&P Global Ratings’ Credit Research
Summary: Sarasota County, Florida; Miscellaneous Tax; Sales Tax
Published Feb 20, 2019
9 pages (4586 words) — Published Feb 20, 2019
Price US$ 225.00  |  Buy this Report Now

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Abstract:

S&P Global Ratings affirmed its underlying and long-term ratings on Sarasota County, Fla.'s bonds outstanding. The outlook on all ratings is stable. The affirmation applies to the following ratings and issues: 'AA+' long-term rating on the county's capital improvement revenue bonds, series 2010A, 2010B, 2017, 2018A, and 2018B issues. The bonds are secured by a lien and pledge upon revenue from the county's share of the local government half-cent sales tax. 'AA' long-term rating on the county's infrastructure sales surtax revenue bonds, series 2014, 2015, and 2018 issues. The bonds are secured by a local option one-cent, electorate-approved, infrastructure sales surtax. 'AA-' long-term rating on the county's communication service tax revenue bonds, series 2010 issue. Its 2014 and series 2015

  
Brief Excerpt:

...S&P Global Ratings affirmed its underlying and long-term ratings on Sarasota County, Fla.'s bonds outstanding. The outlook on all ratings is stable. The affirmation applies to the following ratings and issues: + '##+' long-term rating on the county's capital improvement revenue bonds, series 2010A, 2010B, 2017, 2018A, and 2018B issues. The bonds are secured by a lien and pledge upon revenue from the county's share of the local government half-cent sales tax. + '##' long-term rating on the county's infrastructure sales surtax revenue bonds, series 2014, 2015, and 2018 issues. The bonds are secured by a local option one-cent, electorate-approved, infrastructure sales surtax. + '##-' long-term rating on the county's communication service tax revenue bonds, series 2010 issue. Its 2014 and series 2015 bonds are privately-placed and we do not maintain a rating on these series. The bonds are secured by a first-lien and pledge upon revenue from taxable communication services charged to service...

  
Report Type:

Summary

Issuer
Sector
Global Issuers, Public Finance
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Sarasota County, Florida; Miscellaneous Tax; Sales Tax" Feb 20, 2019. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Sarasota-County-Florida-Miscellaneous-Tax-Sales-Tax-2170350>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Sarasota County, Florida; Miscellaneous Tax; Sales Tax Feb 20, 2019. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Sarasota-County-Florida-Miscellaneous-Tax-Sales-Tax-2170350>
  
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