Summary: Hillsborough County Port District, Florida Tampa Port Authority; Ports/Port Authorities Dec 11
- Language: English
- Published: December 2011
- Region: Florida
Standard & Poor's Rating Services affirmed its 'AAA' long-term rating on Hillsborough County, Fla.'s general obligation (GO) debt and its 'AA+' rating on the county's outstanding debt secured by a covenant to budget and appropriate non-ad valorem revenues. The ratings reflect our view of the county's: Strong and diverse economic base that, while still hampered by a lagging recovery from the Great Recession, has positive long-term prospects; Consistently strong financial performance and management with a demonstrated capacity to adjust operating revenue and expenditures to maintain structurally balanced operations; and Low debt level at less than 1% of assessed value (AV). Hillsborough County, with a population of approximately 1.2 million, is situated in central-west coast of Florida, and includes Tampa as...
Companies mentioned in this report are: Hillsborough Cnty
Action: Outlook: Stable
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