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Summary: Harford County, Maryland; General Obligation Oct 07 Product Image

Summary: Harford County, Maryland; General Obligation Oct 07

  • Published: October 2007
  • Region: Maryland
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services assigned its 'AA+' rating to Harford County, Md.'s series 2007 consolidated public improvement bonds and affirmed its 'AA+' standard long-term rating on the county. The 'AA+' rating reflects: A growing and diversifying local economy with employment in the federal government, R&D, and warehouse and distribution sectors, which benefits from access to Baltimore MSA employment base; An economy poised to capture significant future economic growth in the wake of the latest base realignment and closure (BRAC) recommendation; Strong tax base growth, consistent with the ongoing development in all sectors and no concentration concerns among leading taxpayers; Above-average wealth and income levels, which continue to gradually rise and consistently low unemployment levels; Historically strong financial operations and...

Companies mentioned in this report are:
- Harford Cnty

Action: Affirmed
Action: New Rating
Action: Outlook: Stable

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- Harford Cnty

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