TITLE

S&P Lowers Bucks County, Pa., Ahead of POB Sale

AUTHOR(S)
Cataldo, Adam L.
PUB. DATE
November 2004
SOURCE
Bond Buyer;11/29/2004, Vol. 350 Issue 32018, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the rating given by Standard and Poor's to Bucks County ahead of the county's sale of pension obligation bonds in Pennsylvannia. Effect of the downgrade on the county debt; Basis of the downgrade on further deterioration in financial performance and position over the past four fiscal year; Decline of the unreserved general fund balance.
ACCESSION #
15220632

 

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