Phoenix civic improvement

Karchmer, Jennifer
March 1999
Bond Buyer;03/10/99, Vol. 327 Issue 30595, p8
Trade Publication
Reports on Prudential Securities analyst Garrett Falzone's evaluation of the fiscal health of Phoenix Civic Improvement Corp. of Phoenix, Arizona. Ability of Phoenix's Water Services Department to handle an upcoming spike in expenditures; Projected drop in debt-service coverage in fiscal 2000; Department's plan to issue additional debt to fund its capital improvement plan.


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