The rating on Westfield, Mass.' GO bonds reflects: A growing, primarily residential tax base with a nice mix of industrial and commercial sectors; A favorable debt position with low debt ratios; A financial position that is steadily improving; and Income levels that approximate the nation's averages. The bonds are secured by the city's full faith and GO credit pledge. Westfield is 10 miles west of Springfield, Mass. in the foothills of the Berkshires. Occupying 47 square miles, Westfield is the second largest city by area in Massachusetts. The city's favorable highway and industrial rail location has aided in development. Residents are employed in the city and other regional employment areas, such as Springfield; Holyoke, Mass.; Worcester, Mass.; and Hartford, Conn.
