City of Windsor Heights, IA: Update to credit analysis - Moody's Global Credit Research

City of Windsor Heights, IA: Update to credit analysis

City of Windsor Heights, IA: Update to credit analysis - Moody's Global Credit Research
City of Windsor Heights, IA: Update to credit analysis
Published May 09, 2024
8 pages (3930 words) — Published May 09, 2024
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About This Report

  
Brief Excerpt:

...The Economic Growth metric cited above compares the five-year CAGR of real GDP for Des Moines-West Des Moines, IA Metropolitan Statistical Area Metropolitan Statistical Area to the five-year CAGR of real GDP for the US. Sources: US Census Bureau, Windsor Heights (City of) IA's financial statements and Moody's Ratings...

  
Report Type:

Credit Opinion

Issuer
Windsor Heights (City of) IA
Format:
PDF Adobe Acrobat
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Moody's Ratings assigns Aa3 to Windsor Heights, IA's Series 2024A GOULT bonds - Rating Action – 2024/05/09 – US$ 180.00 – ...MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS, AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS AND IT WOULD BE RECKLESS AND INAPPROPRIATE FOR RETAIL INVESTORS TO USE MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS OR PUBLICATIONS WHEN MAKING AN INVESTMENT DECISION. IF IN DOUBT YOU SHOULD CONTACT YOUR FINANCIAL OR OTHER PROFESSIONAL ADVISER. ALL INFORMATION CONTAINED HEREIN IS PROTECTED BY LAW, INCLUDING BUT NOT LIMITED TO, COPYRIGHT LAW, AND NONE OF SUCH INFORMATION MAY BE COPIED OR OTHERWISE REPRODUCED, REPACKAGED, FURTHER TRANSMITTED, TRANSFERRED, DISSEMINATED, REDISTRIBUTED OR RESOLD, OR STORED FOR SUBSEQUENT USE FOR ANY SUCH PURPOSE, IN WHOLE OR IN PART, IN ANY FORM OR MANNER OR BY ANY MEANS WHATSOEVER, BY ANY PERSON WITHOUT MOODY'S PRIOR WRITTEN CONSENT. MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY ANY PERSON AS A BENCHMARK AS THAT TERM IS DEFINED FOR REGULATORY PURPOSES AND MUST NOT BE USED IN ANY WAY THAT...

City of Windsor Heights, IA: Annual comment onWindsor Heights - Issuer Comment – 2023/09/01 – US$ 200.00 – ...Economy Resident income ratio Median Household Income (MHI) for the city or county, adjusted for Regional Price Parity (RPP), as a % of the US MHI MHI: US Census Bureau - American Community Survey 5-Year Estimates RPP: US Bureau of Economic Analysis Full value Estimated market value of taxable property in the city or county State repositories; audited financial statements; continuing disclosures Population Population of the city or county US Census Bureau - American Community Survey 5-Year Estimates Full value per capita Full value / population Economic growth metric Five year CAGR of real GDP for Metropolitan Statistical Area or county minus the five-year CAGR of real GDP for the US Real GDP: US Bureau of Economic Analysis Financial performance Revenue Sum of revenue from total governmental funds, operating and non- operating revenue from total business-type activities, and non- operating revenue from internal services funds, excluding transfers and one-time revenue, e.g., bond proceeds...

City of Windsor Heights, IA: Annual Comment on Windsor Heights - Issuer Comment – 2021/06/16 – US$ 200.00 – ... data sources; Offering statements; Moody's Investors Service EXHIBIT 4...

Windsor Heights (City of) IA: Update to credit analysis - Credit Opinion – 2020/04/01 – US$ 250.00 – ...Windsor Heights, IA (Aa3) is favorably located in the Des Moines (Aa2 stable) metropolitan area, the Iowa (Aaa stable) state capital. The city's credit attributes also include healthy financial operations with strong liquidity and moderate pension liabilities. Credit challenges include a small tax base relative to comparably rated local governments, with some taxpayer concentration, and an elevated debt burden with high fixed costs. We regard the coronavirus outbreak as a social risk under our ESG framework, given the substantial implications for public health and safety. Windsor Heights, IA is not susceptible to immediate material credit risks related to coronavirus. The longer term impact will depend on both the severity and duration of the crisis. The situation surrounding coronavirus is rapidly evolving. If our view of the credit quality of Windsor Heights, IA changes, we will publish our updated opinion at that time....

Moody's assigns Aa3 to Windsor Heights, IA's GO Bonds - Rating Action – 2020/04/01 – US$ 180.00 – ...ASSESSMENTS, OTHER OPINIONS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY ANY PERSON AS A BENCHMARK AS THAT TERM IS DEFINED FOR REGULATORY PURPOSES AND MUST NOT BE USED IN ANY WAY THAT COULD RESULT IN THEM BEING CONSIDERED A BENCHMARK. All information contained herein is obtained by MOODY'S from sources believed by it to be accurate and reliable. Because of the possibility of human or mechanical error as well as other factors, however, all information contained herein is provided "AS IS" without warranty of any kind. MOODY'S adopts all necessary measures so that the information it uses in assigning a credit rating is of sufficient quality and from sources MOODY'S considers to be reliable including, when appropriate, independent third-party sources. However, MOODY'S is not an auditor and cannot in every instance independently verify or validate information received in the rating process or in preparing its Publications. To the extent permitted by law, MOODY'S and its directors, officers,...

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Moody's Global Credit Research—Moody's Investors Service, a leading global credit rating, research and risk analysis firm, publishes credit opinions, research, and ratings on fixed-income securities, issuers of securities and other credit obligations. Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Ratings also create efficiencies in fixed-income markets and similar obligations, such as insurance and derivatives, by providing reliable, credible, and independent assessments of credit risk. For issuers, Moody's services increase market liquidity and may reduce transaction costs.

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MLA:
Moody's Global Credit Research. "City of Windsor Heights, IA: Update to credit analysis" May 09, 2024. Alacra Store. May 20, 2024. <http://www.alacrastore.com/moodys-credit-research/City-of-Windsor-Heights-IA-Update-to-credit-analysis-PBM_1407064>
  
APA:
Moody's Global Credit Research. (). City of Windsor Heights, IA: Update to credit analysis May 09, 2024. New York, NY: Alacra Store. Retrieved May 20, 2024 from <http://www.alacrastore.com/moodys-credit-research/City-of-Windsor-Heights-IA-Update-to-credit-analysis-PBM_1407064>
  
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