Harford County, Maryland; General Obligation Jun 09
- ID: 2038628
- June 2009
- Region: Maryland
- Standard & Poors
Standard & Poor's Ratings Services assigned its 'AA+' rating, and stable outlook, to Harford County, Md.'s series 2009 consolidated public improvement and refunding bonds and affirmed its 'AA+' rating, with a stable outlook, on the county's existing debt. In our opinion, the rating reflects the county's: Growing and diversifying local economy with employment in the federal government, research and development, and warehouse and distribution sectors, which further benefits from easy access to the Baltimore metropolitan statistical area (MSA) employment base; Economy, which remains poised to capture significant future economic growth in the wake of the latest base realignment and closure recommendation, which has been temporarily slowed due to the economic downturn; Strong property tax base growth that is consistent with...
Companies mentioned in this report are:
- Harford Cnty
Action: New Rating
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Research Type: Full Analysis