TITLE

Virginia's Aaa Rating on Moody's Watch

AUTHOR(S)
Newman, Emily
PUB. DATE
September 2003
SOURCE
Bond Buyer;9/5/2003, Vol. 345 Issue 31713, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on Moody's Investors Service Inc.'s announcement that owing to Virginia's declining revenues and nationwide economic pressures it has placed the state on its watch list for a possible downgrade. Possible financial implications of the a negative rating for the state; Revelation that the state enjoys a triple-A rating as of September 5, 2003; Assertion that Virginia has taken aggressive actions to balance its $55 billion fiscal 2002-04 biennial budget.
ACCESSION #
10793494

 

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