The rating on Temple, Texas' certificates of obligation reflects: A diversifying local economy, Strong financial management and operating results, and Manageable debt. Precluding a higher rating are below-average wealth levels and moderate tax base concentration. The bonds are secured by an unlimited tax full faith and credit pledge of the city. Temple, (population 54,000), is the economic anchor of the Killeen-Temple MSA. Temple's location on I-35 enables the city to benefit from growth as a distribution hub in central Texas. Unemployment is a low 3.2%. Temple is a net importer of labor, with commuters doubling the daytime population. Leading employers account for 61% of all jobs. The health services sector includes three hospitals and is anchored by Scott&White
