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Arlington County, Virginia; Tax Secured, General Obligation Jun 01
Standard & Poors, June 2001
Abstract
The rating on Arlington County, Va.'s GO bonds and GO refunding bonds reflects: A deep and diverse economic base that is one of the anchors of the Washington, D.C. metropolitan area and northern Virginia economy; Strong above-average wealth indicators; Strong financial operations and reserves, and An increasing, yet manageable, debt burden. The bonds are secured by an ad-valorem tax pledge. The county (population 188,100) is located directly across the Potomac River from Washington, D.C. The economy is anchored by a sizable federal government presence that includes the Pentagon, the U.S. State Department's National Foreign Affairs Training Center, and the Army National Guard Center. The movement to 'right size' federal government employment has lead to the outsourcing and creation of many...
Companies mentioned in this report are: Arlington Cnty
Action: New Rating
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research Type: Full Analysis
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