Home | Business News | Browse by Publication | W | Wireless News

Fitch Affirms Gainesville, FL's Non-Ad Valorem Rev Bonds at 'A+'; Outlook Stable.

Publication: Wireless News
Publication Date: 03-SEP-09 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Fitch Affirms Gainesville, FL's Non-Ad Valorem Rev Bonds at 'A+'; Outlook Stable.(Florida, United States)

Article Excerpt
In the course of routine surveillance, Fitch affirms Gainesville, Florida's (the city) approximately $129.5 million in non-ad valorem revenue secured bonds including $85.8 million in pension obligation bonds, $24.1 million in OPEB obligation bonds, and $19.6 million in capital improvement bonds at 'A+'.

The Outlook is Stable.

The 'A+' rating reflects the strong coverage provided by a diverse mix of non-ad valorem revenue sources from which the city covenants to budget and appropriate debt service (CB&A), a stable economy anchored in higher education, and consistent financial operations. Also...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from Wireless News
California Micro Devices Execs to Present at G6 Conference.(Conference..., September 08, 2009
Cbeyond Introduces Platform Partner Program., September 08, 2009
Research and Markets Offers '2009 Worldwide Industrial Design Services..., September 03, 2009
Jackson Browne to Launch Solo Acoustic Tour of U.S.(Brief article), September 03, 2009
DEMOfall 09 Names Panel of Judges.(Conference news), September 03, 2009

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.