Municipal Creditworthiness

Municipal Creditworthiness PUAD 702 Public Financial Management University of Baltimore Baltimore, Maryland 12 February 2008

Ratings Agencies ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Ratio Metrics ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],(Temel 2001, 176)

total debt / assessed value ,[object Object],[object Object],[object Object],[object Object],[object Object],(Ratchford 1936)

total debt / population ,[object Object],[object Object],[object Object],[object Object],[object Object],(Michel 1977)

total debt / personal income ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],(Temel 2001, 176)

debt service / revenues ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],(Temel 2001, 176)

operating expenses / revenues ,[object Object],[object Object],[object Object],[object Object],(Columbia Association Budget Committee 2007)

Other Concerns ,[object Object],[object Object],[object Object],[object Object],[object Object],(Hildreth and Miller 2002)

Credit Enhancement ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],(Miller and Hildreth 2007)

References ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Municipal Creditworthiness

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Municipal Creditworthiness