Summary: Oklahoma County Finance Authority, Oklahoma City County Health Department; Appropriations Dec 11
- Language: English
- Published: December 2011
- Region: Oklahoma
The rating on Oklahoma City, Okla.'s bonds reflects a diversified economic base, slightly concentrated in the government sector, with projections of modest employment growth; sound financial operations; and a low debt burden with a manageable capital improvement program. Oklahoma City is the capital and main economic center of the state. The city's economic stability is based on a large state and federal government presence. Manufacturing, health, and business services help to diversify the employment base. Population growth continues at a steady pace, increasing 5.4% since 1990 to 469,000, although at a slower rate than that of the metropolitan area. Assessed valuation increased by 2.7% last year to its fiscal 1997 level of $1.97 billion. Average annual growth of 3.4% for...
Companies mentioned in this report are:
- Oklahoma City
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.
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. SHOW LESS READ MORE >