Summary: West Hartford, CT; General Obligation, Local GO - S&P Global Ratings’ Credit Research

Summary: West Hartford, CT; General Obligation, Local GO

Summary: West Hartford, CT; General Obligation, Local GO - S&P Global Ratings’ Credit Research
Summary: West Hartford, CT; General Obligation, Local GO
Published Oct 26, 1999
722 words — Published Oct 26, 1999
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Abstract:

The rating on Hartford, Conn.'s bonds reflects the town's full faith and credit GO pledge. Other rating factors include: An affluent, stable residential tax base; Strong residential building activity; Employment access to the Hartford MSA; Sound financial operations that result from conservative long-range planning; and A low debt burden. West Hartford is a town of nearly 60,000 located next to Hartford, the state's capital and financial services center. Wealth per capita and taxable property have retained their value as Hartford and neighboring areas experienced declines over the past few years. Wealth is influenced by a high percentage of professional employment and currently is 13% and 56% above the state and nation, respectively. The 1999 $3.8 billion grand list shows little

  
Brief Excerpt:

RESEARCH Summary: West Hartford, CT; General Obligation, Local GO Publication date: 26-Oct-1999 Credit Profile $7.5 mil muni debt muni issue due 2014 ### Sale date: 31-OCT-1999 AFFIRMED $68.600 mil. West Hartford ### OUTLOOK: STABLE...

  
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Summary

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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Summary: West Hartford, CT; General Obligation, Local GO" Oct 26, 1999. Alacra Store. May 23, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-West-Hartford-CT-General-Obligation-Local-GO-129241>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: West Hartford, CT; General Obligation, Local GO Oct 26, 1999. New York, NY: Alacra Store. Retrieved May 23, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-West-Hartford-CT-General-Obligation-Local-GO-129241>
  
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