West Hartford, Connecticut; General Obligation - S&P Global Ratings’ Credit Research

West Hartford, Connecticut; General Obligation

West Hartford, Connecticut; General Obligation - S&P Global Ratings’ Credit Research
West Hartford, Connecticut; General Obligation
Published Jan 19, 2007
1458 words — Published Jan 19, 2007
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Abstract:

The 'AAA' rating on the town of West Hartford, Conn.'s series 2007A GO bonds reflects the town's: Affluent residential property tax base within the Hartford MSA; Above-average wealth and income levels; Historically sound financial performance and conservative long-term planning; and Moderate debt burden with manageable future capital needs. The 'AAA' rating on the town's $142 million GO debt outstanding has been affirmed. Bond proceeds will be used to fund various capital improvements of the town. 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. West Hartford's tax base is largely composed of higher end residences comprising approximately 70% of the 2005 grand

  
Brief Excerpt:

RESEARCH West Hartford, Connecticut; General Obligation Publication date: 19-Jan-2007 Current Ratings >> Credit Profile US$15. mil GO bnds ser 2007A dtd 02/01/2007 due 01/15/2022 Long Term Rating ###/Stable New West Hartford GO ...

  
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Public Finance
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "West Hartford, Connecticut; General Obligation" Jan 19, 2007. Alacra Store. May 22, 2025. <http://www.alacrastore.com/s-and-p-credit-research/West-Hartford-Connecticut-General-Obligation-557987>
  
APA:
S&P Global Ratings’ Credit Research. (). West Hartford, Connecticut; General Obligation Jan 19, 2007. New York, NY: Alacra Store. Retrieved May 22, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/West-Hartford-Connecticut-General-Obligation-557987>
  
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