Hennepin County, Minnesota; Tax Secured, General Obligation Apr 04
Standard & Poors, April 2004
Abstract
The 'AAA' rating on Hennepin County, Minn.'s GO bonds reflects the county's: Strong, deep, and diverse economic base anchored by Minneapolis, Minn. (GO rating 'AAA'); Consistently above-average financial operations with strong fund balance levels bolstered by historical operating surpluses; Demonstrated ability to manage revenue fluctuations by making corresponding expenditure adjustments as needed; and Superior management performance in addressing capital needs while maintaining a manageable debt burden. Hennepin County is an integral part of a strong regional economy that continues to outperform the nation. As part of the Minneapolis-St Paul MSA, county residents have access to a deep and diverse economic base. Hennepin County's population has risen steadily to 1.13 million, averaging about 1% growth per year for the past eight...
Companies mentioned in this report are:
- Hennepin Cnty
Action: New Rating
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Research Type: Full Analysis
- Hennepin Cnty
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