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Summary: Anchorage Municipality, Alaska; General Obligation May 11 Product Image

Summary: Anchorage Municipality, Alaska; General Obligation May 11

  • Published: May 2011
  • Standard & Poors

FEATURED COMPANIES

Abstract
Standard & Poor's Ratings Services assigned its 'AA' long-term rating to the Municipality of Anchorage, Alaska's general obligation (GO) bonds, series 2011A, 2011B, 2011C, and 2011D. At the same time, Standard & Poor's affirmed its 'AA' long-term rating and underlying rating (SPUR) on Anchorage's GO bonds outstanding. The outlook is stable. The ratings reflect our opinion of: The municipality's central role in the state and regional economy, The municipality's strong income levels, The stability of the municipality's property tax base, and The municipality's good fund balances. Unlimited ad valorem taxes levied on taxable property within the municipality secure the GO bonds. The municipality serves what we consider a large and diverse area. Anchorage had an estimated population of 291,826, or...

Companies mentioned in this report are: Anchorage Municipality
Action: Affirmed
Action: New Rating
Action: Outlook: Stable

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Anchorage Municipality

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