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

West Hartford; Tax Secured, General Obligation

West Hartford; Tax Secured, General Obligation - S&P Global Ratings’ Credit Research
West Hartford; Tax Secured, General Obligation
Published Jan 29, 2004
1268 words — Published Jan 29, 2004
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Abstract:

Standard&Poor's Ratings Services assigned its 'AAA' rating, and stable outlook, to West Hartford, Conn.'s series 2004A GO bonds. The rating reflects the town's: Affluent and stable residential property tax base, which is within the Hartford MSA; Well above-average wealth and income levels; Historically sound financial performance and conservative long-term planning; and Low debt burden with manageable future capital needs. The town's full faith and credit GO pledge secures the bonds. The town will use bond proceeds to fund roughly $7 million of general capital improvements and $17 million for school improvements, including the construction of a middle school. West Hartford, with a population of 61,045, borders Hartford, Conn., the state's capital and financial services center. West Hartford is

  
Brief Excerpt:

RESEARCH West Hartford; Tax Secured, General Obligation Publication date: 29-Jan-2004 Credit Profile US$24. mil GO bnds ser 2004 dtd 01/15/2004 due 01/15/2024 ### Sale date: 05-FEB-2004 AFFIRMED $81.500 mil. West Hartford ### OUTLOOK:...

  
Report Type:

Full Report

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Public Finance
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Region
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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; Tax Secured, General Obligation" Jan 29, 2004. Alacra Store. May 22, 2025. <http://www.alacrastore.com/s-and-p-credit-research/West-Hartford-Tax-Secured-General-Obligation-356815>
  
APA:
S&P Global Ratings’ Credit Research. (). West Hartford; Tax Secured, General Obligation Jan 29, 2004. New York, NY: Alacra Store. Retrieved May 22, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/West-Hartford-Tax-Secured-General-Obligation-356815>
  
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