- Published: May 2012
- Region: United States
Hurst, Texas; Tax Secured, General Obligation Mar 04
- Published: March 2004
- Region: Texas
- Standard & Poors
Standard & Poor's Ratings Services assigned its 'AA-' rating, and stable outlook, to Hurst, Texas' series 2004 combination tax and revenue refunding bonds. The rating reflects the city's: Role as a major regional retail center in the Dallas-Fort Worth Metroplex; Above-average income levels, coupled with below-average unemployment; Strong financial performance; and Moderate overall debt burden, with manageable future capital needs. The city's full faith and credit pledge secures the bonds. Hurst, with a population of about 37,750, is a mature community in the midcities area of northeastern Tarrant County. Due to the city's close access to Fort Worth, Texas, which is nine miles away, and Dallas, Texas, 18 miles away, residents have access to employment opportunities throughout the region. The...
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