Summary: Campbellsport Village, Wisconsin; General Obligation; Note Oct 11

Standard & Poors, October 2011

Abstract
Standard & Poor's Ratings Services assigned its 'SP-1+' short-term rating to Campbellsport Village, Wis.' note anticipation notes (NANs) and affirmed its 'A+' long-term rating and underlying rating (SPUR), with a stable outlook, on the village's general obligation (GO) debt. The short-term rating reflects our view of the village's long-term investment-grade GO debt rating and low market risk profile based on our opinion of its strong legal authority to take out the notes with bonds before maturity, strong market access, and adequate information availability. The GO debt rating reflects our view of the village's: Limited local economy, albeit with access to, what we consider, more-diverse and larger surrounding areas for employment; and Good income. We believe somewhat offsetting these credit strengths...

Companies mentioned in this report are: Campbellsport Vill
Action: Affirmed
Action: New Rating
Action: Outlook: Stable

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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.

Campbellsport Vill

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