West Des Moines, Iowa; Tax Secured, General Obligation - S&P Global Ratings’ Credit Research

West Des Moines, Iowa; Tax Secured, General Obligation

West Des Moines, Iowa; Tax Secured, General Obligation - S&P Global Ratings’ Credit Research
West Des Moines, Iowa; Tax Secured, General Obligation
Published Apr 21, 2006
Published Apr 21, 2006
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

Standard&Poor's Ratings Services assigned its 'AAA' rating to West Des Moines, Iowa's series 2006A GO bonds, and affirmed its 'AAA' rating and 'AAA' underlying rating (SPUR) on the city's existing GO debt, based on the continued strong management of the city's high growth rate and financial position. West Des Moines continues to be an employment and residential center for the entire Des Moines metropolitan area. In addition to these characteristics, the rating also reflects the following rating factors: Participation and access to the larger Des Moines area economy, Strong population and tax base growth, Economic indicators that compare favorably with state and national averages, and Strong financial position with conservative management. Because of the city's pace of growth,

  
Report Type:

Full Report

Issuer
Sector
Global Issuers, Public Finance
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "West Des Moines, Iowa; Tax Secured, General Obligation" Apr 21, 2006. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/West-Des-Moines-Iowa-Tax-Secured-General-Obligation-505113>
  
APA:
S&P Global Ratings’ Credit Research. (). West Des Moines, Iowa; Tax Secured, General Obligation Apr 21, 2006. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/West-Des-Moines-Iowa-Tax-Secured-General-Obligation-505113>
  
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