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Ohio's Municipal Credit Ratings Remain Buoyant Despite Ongoing Pressures Sep 07 Product Image

Ohio's Municipal Credit Ratings Remain Buoyant Despite Ongoing Pressures Sep 07

  • Published: September 2007
  • Standard & Poors

FEATURED COMPANIES

  • Akron
  • Columbus
  • Franklin Cnty
  • Logan Cnty
  • Parma
  • Summit Cnty
  • MORE

Abstract
Municipal credit ratings in Ohio have remained stable, despite economic pressures from auto-related plant closings and the softening housing market. In addition, despite major flooding in north-central Ohio last month, the credit quality of the affected municipalities are not expected to sustain long-term impairment, particularly because of the quick declaration of state and federal disaster status, and the expectation that federal and state funding will reimburse many of the costs. Cash flow needs before reimbursement from the state and federal governments pose some credit issues. While municipalities may choose to secure short-term financing through a local bank, the relatively quick approval of grant requests should limit the need to secure more long-term financing for disaster-related expenditures. Generally, FEMA takes action...

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- Toledo
- Hamilton
- Cleveland
- Cincinnati
- Akron
- Montgomery Cnty
- Medina Cnty
- Franklin Cnty
- Dayton
- Columbus
- Cleveland Hgts
- Ohio
- Cuyahoga Cnty
- Hancock Cnty
- Lucas Cnty
- Parma
- Portage Cnty
- Summit Cnty
- Warren
- Youngstown
- Oakwood Vill (Cuyahoga Cnty)
- Delaware Cnty
- Westlake
- Logan Cnty
- Sharonville
- Wooster
- Canton
- Champaign Cnty
- Findlay
- Erie Cnty
- Mahoning Cnty
- Franklin
- Bedford
- Indian Hill Vill
- Urbana
- Ashtabula
- Munroe Falls
- Crawford Cnty
- Sylvania Area Jt Recre Dist
- Hilliard
- Solon
- Parma Heights
- Powell
- Green City
- Heath
- New Albany FKA Vill of New Albany
- Shaker Hgts
- Liberty Twp (Delaware Cnty)
- Worthington
- Putnam Cnty
- Medina Cnty Dist Lib
- Central Ohio Solid Waste Auth
- Wyoming
- Gahanna
- Willoughby

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