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

West Hartford, Connecticut; General Obligation, Local GO

West Hartford, Connecticut; General Obligation, Local GO - S&P Global Ratings’ Credit Research
West Hartford, Connecticut; General Obligation, Local GO
Published Nov 05, 1998
1529 words — Published Nov 05, 1998
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Abstract:

The rating on West Hartford, Conn.'s bonds reflects the city's: Affluent residential tax base where valuation continues to expand; Employment access to the Hartford, Conn. MSA; Sustained sound finances; Low debt burden and prudent capital plan. West Hartford is a town of nearly 60,000 next to Hartford, the state's capital and its financial services center. Proximity to the employment base of Hartford has a positive impact on per capita income levels that are 26% greater than the state average and over 1.5 times the national average. The largely residential taxpayer base, which totals $5.5 billion in 1998, has held its value during the regional recession of the early 1990s. Per capita market values of taxable property remain strong at $91,650,

  
Brief Excerpt:

RESEARCH West Hartford, Connecticut; General Obligation, Local GO Publication date: 05-Nov-1998 Credit Profile $20 mil muni debt muni issue ser 1998 due 2019 ### Sale date: 17-NOV-98 Competitive sale AFFIRMED $54.275 mil. West Hartford...

  
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Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "West Hartford, Connecticut; General Obligation, Local GO" Nov 05, 1998. Alacra Store. May 23, 2025. <http://www.alacrastore.com/s-and-p-credit-research/West-Hartford-Connecticut-General-Obligation-Local-GO-66319>
  
APA:
S&P Global Ratings’ Credit Research. (). West Hartford, Connecticut; General Obligation, Local GO Nov 05, 1998. New York, NY: Alacra Store. Retrieved May 23, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/West-Hartford-Connecticut-General-Obligation-Local-GO-66319>
  
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