bonds are payable from a pledge of the county's full faith and credit and taxing power, subject to a 2011 state statute limiting property tax increases to the lesser of 2% or an inflation factor (the tax cap law).
29 April 2010 - S&P on Wednesday gave its AA rating to Auburn, Washington's series 2010A limited-tax general obligation (LTGO
) refunding bonds, 2010B LTGO
taxable Build America Bonds (BABs), 2010C LTGO
bonds, and 2010D LTGO
bonds are payable from ad valorem taxes levied on all taxable property within the 10-mill limitation imposed by Ohio law.
bonds are secured by the city's full faith and credit and its ad valorem tax, subject to a 10-mill limitation.
--$15 million LTGO
refunding bonds, taxable series 2018C;
The city's 'AA' IDR and LTGO
rating reflect its strong operating performance, supported by moderate long-term liabilities and solid expenditure control.
The county's pledge on LTGO
bonds is constrained by property tax levy growth of 1% per year, plus new construction, and a rate cap of $1.80 per $1,000 of taxable assessed value (TAV).
The 'A-' IDR and limited tax GO (LTGO
) ratings reflect the district's weaker net leverage profile under a stress scenario through the cycle relative to its weak operating profile and strong revenue defensibility.
Securities and Exchange Commission, assigned an 'A-' rating to the following Suffolk County, NY offering: --$49 million limited tax general obligation (LTGO
) public improvement serial bonds 2018 series A.
--$1 billion limited tax general obligation (LTGO
) bonds at 'A-';
The port currently levies about $72 million in property taxes against $43.4 million on annual LTGO
The 'AA-' rating on the LTGO
bonds reflects the port's strong and diverse tax base as well as its taxing authority, including the legal authority to levy property taxes up to about $102 million (increasing by 1% per year plus new construction) and up to a tax rate of $0.45 per $100 taxable assessed value (TAV).