Home Credit Ratings and Research S&P Global Ratings’ Credit Research Wharton

Summary: Wharton, TX; General Obligation, Local GO

Published Feb 17, 1998

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Abstract:

The affirmed rating on Wharton, Texas's bonds reflects the information received in the Sept. 30, 1996 audit. The rating is based on: Wealth and income levels that are below state and national averages, Above-average unemployment, Local economy concentrated in plastics manufacturing, Continued assessed valuation growth, Satisfactory financial performance, and Moderate overall debt. The outlook reflects the city's concentrated tax base, and satisfactory financial operations.

Report Type:

Summary

Issuer

Wharton

Sector

Public Finance

Country

United States

Region

United States

Format:

HTML

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MLA:	S&P Global Ratings’ Credit Research. "Summary: Wharton, TX; General Obligation, Local GO" Feb 17, 1998. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Wharton-TX-General-Obligation-Local-GO-114554>

APA:	S&P Global Ratings’ Credit Research. (). Summary: Wharton, TX; General Obligation, Local GO Feb 17, 1998. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Wharton-TX-General-Obligation-Local-GO-114554>

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