Summary: Hennepin Cnty, MN; General Obligation, Local GO Jan 00
- ID: 2083332
- January 2000
- Standard & Poors
The bonds are general obligations of Hennepin County, Minnesota. The rating on Hennepin County, Minn.'s bonds reflects: A strong and well-diversified economic base, which includes the city of Minneapolis; Consistently strong financial operations; and Superior management performance in addressing capital needs while maintaining a manageable debt burden. Hennepin County anchors a strong regional economy that continues to outperform that of the nation. Population has risen steadily to 1,076,000, averaging 1% growth per year for the past eight years. Ongoing strength in the downtown Minneapolis commercial tax base complements ongoing gains in suburban property values. Currently, several large commercial projects are underway or are planned. The county's $1.02 billion net tax capacity for fiscal 1999 reflects a slight decline due to...
Companies mentioned in this report are:
- Hennepin Cnty
Action: New Rating
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