Village of Oregon, WI: Update to credit analysis - Moody's Global Credit Research

Village of Oregon, WI: Update to credit analysis

Village of Oregon, WI: Update to credit analysis - Moody's Global Credit Research
Village of Oregon, WI: Update to credit analysis
Published May 09, 2024
9 pages (4077 words) — Published May 09, 2024
Price US$ 250.00  |  Buy this Report Now

About This Report

  
Brief Excerpt:

...The Village of Oregon, WI (Aa2) benefits from economic ties to Madison (Aaa stable), which drives a strong GDP growth trend in the metro area that is on par with the nation. Ongoing tax base growth supports a strengthening full value per capita that now exceeds $140,000. The village maintains healthy reserves across governmental and business-type funds, hovering around 80% of revenue in recent years. The village plans to draw on fund balance in fiscal 2024 for capital, but reserves will remain above the median for similarly rated peers. Leverage and fixed costs will remain elevated. Overall leverage is on track to exceed 400% of revenue during the next few years as the village issues additional debt to accommodate infrastructure needs for a growing population....

  
Report Type:

Credit Opinion

Issuer
Oregon (Village of) WI
Format:
PDF Adobe Acrobat
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Moody's Ratings assigns Aa2 to Oregon, WI's Series 2024A GOULT notes - 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...

Village of Oregon, WI: Annual comment onOregon - Issuer Comment – 2024/02/21 – 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...

Village of Oregon, WI: Update to credit analysis - Credit Opinion – 2023/05/05 – US$ 250.00 – ...The Village of Oregon, WI (Aa2) benefits above average economic indicators, including a strong economic growth trend in the Madison (Aaa stable) metro area and solid resident income levels. Reserves are strong and will remain healthy following planned draws for capital starting in fiscal 2023. Leverage is elevated and likely to remain so because of additional facility needs identified in the village's ten-year capital plan, though fixed costs will remain moderate....

Moody's assigns Aa2 to Oregon, WI's GOs, Series 2023A - Rating Action – 2023/05/05 – 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...

Oregon (Village of) WI: Update to credit analysis - Credit Opinion – 2022/05/10 – US$ 250.00 – ...Sources: US Census Bureau, Oregon (Village of) WI's financial statements and Moody's Investors Service...

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Cite this Report

  
MLA:
Moody's Global Credit Research. "Village of Oregon, WI: Update to credit analysis" May 09, 2024. Alacra Store. May 20, 2024. <http://www.alacrastore.com/moodys-credit-research/Village-of-Oregon-WI-Update-to-credit-analysis-PBM_1406956>
  
APA:
Moody's Global Credit Research. (). Village of Oregon, WI: Update to credit analysis May 09, 2024. New York, NY: Alacra Store. Retrieved May 20, 2024 from <http://www.alacrastore.com/moodys-credit-research/Village-of-Oregon-WI-Update-to-credit-analysis-PBM_1406956>
  
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