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Summary: Williamson County, Texas; General Obligation Mar 12 Product Image

Summary: Williamson County, Texas; General Obligation Mar 12

  • Published: March 2012
  • Region: Texas
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services assigned its 'AAA' standard long-term rating to Williamson County, Texas' series 2012 limited tax refunding bonds. At the same time, Standard & Poor's affirmed its 'AAA' standard long-term rating and underlying rating (SPUR) on the county's general obligation (GO) debt outstanding. The outlook on all ratings is stable. The ratings reflect our view of the county's: Deep and diverse tax base, with access to the Austin metropolitan statistical area (MSA), coupled with very strong income levels; Successful management of growth-related pressures; Consistently strong financial management and very strong financial performance; and Relatively low level of funding interdependencies with the federal government. Officials will use the limited-tax refunding bond proceeds to refund a portion of the...

Companies mentioned in this report are:
- Williamson Cnty

Action: Affirmed
Action: New Rating
Action: Outlook: Stable

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- Williamson Cnty

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