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

Summary: West Hartford, CT; Tax Secured, General Obligation

Summary: West Hartford, CT; Tax Secured, General Obligation - S&P Global Ratings’ Credit Research
Summary: West Hartford, CT; Tax Secured, General Obligation
Published May 17, 2005
Published May 17, 2005
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Abstract:

The 'AAA' rating on the Town of West Hartford, Conn.'s series 2005 GO refunding bonds and outstanding GO bonds reflects the town's: Affluent and stable residential property tax base, which is within the Hartford MSA; Well above average wealth and income levels; Historically sound financial performance and conservative long-term planning; and Low debt burden with manageable future capital needs. The town's full faith and credit GO pledge secures the bonds. In February 2005, the town issued $11.005 million GO refunding bonds series 2005B. These bonds did not sell, as the targeted savings were not achieved. Management is now preparing to issue these refunding bonds once again, as targeted savings are now within management's parameters. The series 2005 bonds will be

  
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MLA:
S&P Global Ratings’ Credit Research. "Summary: West Hartford, CT; Tax Secured, General Obligation" May 17, 2005. Alacra Store. May 22, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-West-Hartford-CT-Tax-Secured-General-Obligation-440413>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: West Hartford, CT; Tax Secured, General Obligation May 17, 2005. New York, NY: Alacra Store. Retrieved May 22, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-West-Hartford-CT-Tax-Secured-General-Obligation-440413>
  
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