The rating on Wyckoff Township, N.J.'s bonds reflects: * A stable local economy characterized by consistent but low growth in assessed valuation; * Strong finances; and * Very low debt service burden. The township of Wyckoff is located in the northwestern part of affluent Bergen County. Its location, approximately 24 miles from New York City; along with its transportation access to a wider metropolitan economy, the town is attractive for residential single-family development. Per capita money income is 78% greater than the state average rate and almost 2.5 times national figures. In 1996, per capita market value of homes stood at $133,318 and residential properties comprised 91% of total market value of $2.2 billion. Town financial operations are strong and
