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 Jan 29, 2008
1071 words — Published Jan 29, 2008
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Abstract:

Standard&Poor's Ratings Services assigned its 'AAA' long-term rating to West Hartford, Conn.'s series 2008A GO bonds and affirmed its 'AAA' rating, with a stable outlook, on the city's preexisting GO debt. The outlook is stable. The rating reflects: An affluent and stable residential tax base located within the Hartford metropolitan area, Well-above-average wealth levels and historically low unemployment, Historically sound financial performance and conservative long-range planning, and A low debt burden with manageable future capital needs. The town will use bond proceeds to fund various capital improvements. West Hartford (population: 61,045), borders Hartford, Conn., the state's capital. The town is an affluent, primarily residential community with employment access throughout all of the Hartford MSA. The University of Hartford

  
Brief Excerpt:

RESEARCH Summary: West Hartford, Connecticut; General Obligation Publication date: 29-Jan-2008 Primary Credit Analyst: Victor Medeiros, Boston 617.530.8305.; victor_medeiros@standardandpoors.com Secondary Credit Analyst: Karl Jacob,...

  
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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" Jan 29, 2008. Alacra Store. May 22, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-West-Hartford-Connecticut-General-Obligation-628043>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: West Hartford, Connecticut; General Obligation Jan 29, 2008. New York, NY: Alacra Store. Retrieved May 22, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-West-Hartford-Connecticut-General-Obligation-628043>
  
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