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Summary: South Windsor , CT; Tax Secured, General Obligation May 04 Product Image

Summary: South Windsor , CT; Tax Secured, General Obligation May 04

  • Published: May 2004
  • Standard & Poors

Standard & Poor's Ratings Services affirmed its 'AA' standard long-term rating and Standard & Poor's underlying rating (SPUR), and stable outlook, on South Windsor, Conn.' GO bonds. The ratings reflect the town's: Direct access to the Hartford MSA; Considerably sized property tax base, experiencing steady property appreciation; Above-average income levels and below-average unemployment rate; Good financial position; and Moderate debt burden. The roughly 28.5-square-mile South Windsor, along interstates 84 and 291, just north of Hartford, Conn., has an estimated population of 24,412. While the local economy is mainly residential in nature (85% of total acreage is for residential use), the town also contains some manufacturing concerns and retail establishments. Recent developments include Evergreen Walk, a 1.2 million square-foot establishment that...

Companies mentioned in this report are:
- South Windsor

Action: Affirmed
Action: Outlook: Stable

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- South Windsor

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