Summary: Chesterfield County, Virginia; Appropriations; General Obligation Mar 12

Standard & Poors, March 2012

Abstract
Standard & Poor's Ratings Services assigned its 'AAA' rating and stable outlook to Chesterfield County, Va.'s series 2012A general obligation (GO) bonds and series 2012B GO refunding bonds and affirmed its 'AAA' rating, with a stable outlook, on the county's existing GO debt. Standard & Poor's also affirmed its 'AA+' rating, with a stable outlook, on the county's appropriation-backed debt. The ratings reflect our opinion of the county's: Deep and diverse regional economy, anchored by significant employment opportunities in all major sectors; Sizable and diverse property tax base, coupled with, what we consider, strong wealth and income; Historically strong finances due to continued positive operating results and, what we view as, sound fiscal policies; and Low debt, prudently managed through...

Companies mentioned in this report are: Chesterfield Cnty
Action: Affirmed
Action: New Rating
Action: Outlook: Stable

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.

Chesterfield Cnty

Customers who bought this item also bought

• The Survey of Library Public Relations Practices
• 2009 Public Sector - UK Key Corporate Changes
• County Directory
• Redesigning the Public Library Building
• America's Top-Rated Smaller Cities 2012/13 Edition
• Library Use of eBooks, 2013 Edition
• US Directory Suite: Federal, Federal Regional, State, County and Municipal Directories
• Government Investment Pools Report
• Survey of Public Library Efforts to Provide Job Information Resources
• IntelliNews - Bosnia and Herzegovina Country Report - Issue 3, 2013