[Mpls] Bond house gives Mpls AAA rating with negative outlook
List manager
mplslist at tcq.net
Mon Jun 7 14:22:17 CDT 2004
http://www.bizjournals.com/twincities/stories/2004/06/07/daily3.html?
f=et86
From the story:
The New York-based rating agency noted in a statement Minneapolis'
economy has limited volatility, and the city has "strong and consistent
budgetary performance, ample financial flexibility and moderate
tax-supported debt levels."
But, Fitch warned, Minneapolis' financial risks have grown. The city
faces higher expenses for services it provides and pension funds for
city personnel, including the police, are expected to put increased
demands on city money.
David Brauer
List manager
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