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Summary: Chesterfield Cnty, VA; General Obligation, Local GO Jan 01 Product Image

Summary: Chesterfield Cnty, VA; General Obligation, Local GO Jan 01

  • ID: 2085349
  • January 2001
  • Standard & Poors

Abstract
The rating on Chesterfield County, Va.'s GO bonds is based on the full faith and credit pledge of the county and reflects: The county's focal participation in the strong and diverse regional economy of the Richmond MSA, A tax base that continues to experience residential and commercial expansion and diversity, Excellent financial position and a considerable degree of options for financing its operating and capital needs, and A moderate debt burden and capital plan that addresses needs that stem from a growing population. Chesterfield County continues as a pillar of the regional economy attracting both residential and commercial development and expansion. Tax base growth has been consistently above average during the past decade, reaching $18 billion in fiscal 2000. Although...

Companies mentioned in this report are:
- Chesterfield Cnty

Action: Affirmed

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