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Summary: Madison Area Tech Coll Dist (fka Madison Area Voc Tech &, WI; Tax Secured, General Obligation Jul 02 Product Image

Summary: Madison Area Tech Coll Dist (fka Madison Area Voc Tech &, WI; Tax Secured, General Obligation Jul 02

  • ID: 1817391
  • July 2002
  • Standard & Poors

Abstract
The 'AAA' rating on Madison Area Technical College District, Wis.' GO promissory notes reflects the district's: Large, diverse, and growing economic base; Consistently low unemployment rates; Strong financial operations; and Moderate debt burden. The district serves a 4,326 square-mile area, including all of Dane County, four other counties, and portions of seven additional counties. Madison, Wis. is Dane County's economic center, the state capital, and home to the University of Wisconsin (33,000 students). Dane County accounts for roughly 70% of the district's tax and employment base. Madison is a major service and trade center with significant employment in state government, health care, services, and more than 40 insurance companies. A growing high-technology and biotechnology presence linked to the university further...

Companies mentioned in this report are:
- Madison Area Tech Coll Dist

Action: New Rating

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