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

Summary: West Hartford, Connecticut; General Obligation

Summary: West Hartford, Connecticut; General Obligation - S&P Global Ratings’ Credit Research
Summary: West Hartford, Connecticut; General Obligation
Published Feb 26, 2021
9 pages (4217 words) — Published Feb 26, 2021
Price US$ 225.00  |  Buy this Report Now

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Abstract:

S&P Global Ratings assigned its 'AAA' long-term rating to West Hartford, Conn.'s series 2021A general obligation (GO) bonds. At the same time, S&P Global Ratings affirmed its 'AAA' rating on the town's GO debt outstanding. The outlook is stable. West Hartford's full faith and credit pledge, payable from the levy of an unlimited ad valorem tax on all taxable property in the town, secures the bonds and GO debt outstanding. Proceeds from the series 2021 bonds will finance various capital projects. West Hartford has a very strong set of financial policies and controls that are institutionalized and embedded into its overall financial management, which, in our view, is a key factor contributing to its ability to sustain budgetary balance, even

  
Brief Excerpt:

...S&P Global Ratings assigned its '###' long-term rating to West Hartford, Conn.'s series 2021A general obligation (GO) bonds. At the same time, S&P Global Ratings affirmed its '###' rating on the town's GO debt outstanding. The outlook is stable. West Hartford's full faith and credit pledge, payable from the levy of an unlimited ad valorem tax on all taxable property in the town, secures the bonds and GO debt outstanding. Proceeds from the series 2021 bonds will finance various capital projects....

  
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Summary

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Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Summary: West Hartford, Connecticut; General Obligation" Feb 26, 2021. Alacra Store. May 21, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-West-Hartford-Connecticut-General-Obligation-2603112>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: West Hartford, Connecticut; General Obligation Feb 26, 2021. New York, NY: Alacra Store. Retrieved May 21, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-West-Hartford-Connecticut-General-Obligation-2603112>
  
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