- Published: May 2012
- Region: United States
Summary: Wichita, KS; Tax Secured, General Obligation Jan 04
- Published: January 2004
- Standard & Poors
Standard & Poor's Ratings Services assigned its 'AA' rating, and stable outlook, to Wichita, Kan.'s $13.390 million series 776, $10.185 million series 777, and $4.980 million series 957 GO bonds. The rating reflects the city's: Status as a regional trade center with a manufacturing- and service-based economy, Strong financial management, and Moderate overall debt burden. Concentration in aircraft-manufacturing employment limits these strengths. Wichita, with a population of 344,664, is in south-central Kansas and is the state's largest city. The manufacturing base, which accounts for about 23% of total salary and wage employment, is centered on aircraft construction. Health care services; higher education; and government, however, round out this regional hub's employment base. Raytheon Co., Boeing Co., and Bombardier Inc.'s Learjet...
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Action: New Rating
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