Milwaukee county's Test

Shields, Yvette
July 2006
Bond Buyer;7/5/2006, Vol. 357 Issue 32416, p1
Trade Publication
The article reports on the financial condition of Milwaukee County, Wisconsin. For the past several months, County Executive Scott Walker has warned that the county faces serious struggles and said difficult cuts is underway if it is to meet its growing pension burden and eliminate deficit in the fiscal 2007 budget. The county's $500 million of outstanding general obligation debt is rated Aa3 with a negative outlook by Moody's Investors Service Inc. and AA with a stable outlook by Fitch Ratings Inc. and Standard & Poor's Corp.


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