Summary: Ramsey Cnty, MN; Tax Secured, General Obligation Nov 02

Standard & Poors, November 2002

Abstract
The 'AAA' rating on Ramsey County, Minn.'s GO state aid street bonds reflects the county's: Strong economic base, which includes St. Paul and its surrounding suburbs, and proximity to employment throughout the Twin Cities area; Historically strong financial position; and Manageable debt burden. The county's full faith and credit pledge secures the bonds. The debt service on the bonds is expected to be paid by annual state aid allotments. Ramsey County is anchored by St. Paul, the Minnesota state capital. Along with Hennepin County, Ramsey County provides the nexus of the Twin Cities economy. Ramsey County's population has continued to grow over time; at the 2000 U.S. Census, its population was 511,000, which was a 5.2% increase over the 1990...

Companies mentioned in this report are:
- Ramsey Cnty

Action: New Rating

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This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.

- Ramsey Cnty

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