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Baltimore County, Maryland; Tax Secured, General Obligation Jun 02
Standard & Poors, June 2002
Abstract
The 'AAA' rating on Baltimore County, Md.'s consolidated public improvement bonds reflects: A deep and diverse economic base, Solid growth in assessed valuation (AV), Strong financial position and performance, A significant six-year capital improvement program (CIP) totaling $1.43 billion that is expected to be manageable, and A moderate debt burden. Baltimore County (population 756,460 ) benefits from an excellent transportation network that provides residents with easy access to both the local and regional employment bases. While 48% of county residents work outside the county, residents from surrounding areas also commute to the county for employment opportunities. The county's economic base is anchored by services, trade, government, and manufacturing. Over the past 10 years, county employment in the manufacturing and trade...
Companies mentioned in this report are: Baltimore 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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