4Vote!
Business Wire (Free subscription) | 11/03/2009
NEW YORK--(BUSINESS WIRE)--Fitch Ratings assigns an 'A+' rating to Okaloosa County, Florida's (the county) approximately $24.3 million in sales tax revenue bonds, series 2009A and series 2009B. At the time of issuance, the county will decide whether to issue the bonds as tax-exempt series 2009A or direct subsidy Build America Bonds (BABS) series 2009B. Proceeds will be used to finance the construction...
6Vote!
SeekingAlpha.com (Free subscription) | 11/02/2009
Marc Chandler submits: At the end of last week, Mexico's lower house gave final approval for the to the revenue components of the FY2010 budget. There were some doubts whether the lower house would balk at raising taxes during the recession. The revenue plans include raising the income tax rate to 30% for business and high income individuals. The tax rate will fall to 29% in 2013, and back to 28%...
4Vote!
Business Wire (Free subscription) | 11/02/2009
NEW YORK--(BUSINESS WIRE)--During the course of routine surveillance, Fitch Ratings downgrades the rating on the Village of Hodgkins, Illinois' approximately $13.6 million outstanding tax increment refunding revenue bonds, series 2005 to 'BBB' from 'A-'. The Rating Outlook is Stable. The downgrade reflects the volatility of the retail industry and potential for weak sales tax revenues, especially given...
4Vote!
Business Wire (Free subscription) | 10/27/2009
SAN FRANCISCO--(BUSINESS WIRE)--As part of ongoing surveillance, Fitch Ratings has affirmed the ‘BBB-’ rating on Baldwin Park Financing Authority, California’s outstanding sales tax and tax allocation refunding bonds (Puente Merced Redevelopment Project), series 2003. The Rating Outlook is Stable. The ‘BBB-’ rating on the bonds reflects a highly concentrated tax base generating...
4Vote!
Business Wire (Free subscription) | 10/27/2009
NEW YORK--(BUSINESS WIRE)--In the course of routine surveillance, Fitch Ratings affirms its 'AA' rating on Taylorsville (the city), Utah's $8.9 million outstanding sales tax revenue bonds, series 2006. The Rating Outlook is Stable. The 'AA' rating reflects still strong debt service coverage on the bonds despite recent sizable declines in pledged revenue, the city’s solid underlying local economy...
4Vote!
Business Wire (Free subscription) | 10/27/2009
NEW YORK--(BUSINESS WIRE)--In the course of routine surveillance, Fitch Ratings affirms its 'AA' rating on Taylorsville (the city), Utah's $8.9 million outstanding sales tax revenue bonds, series 2006. The Rating Outlook is Stable. The 'AA' rating reflects still strong debt service coverage on the bonds despite recent sizable declines in pledged revenue, the city's solid underlying local economy with...
4Vote!
Business Wire (Free subscription) | 10/26/2009
NEW YORK--(BUSINESS WIRE)--Fitch Ratings assigns an 'A+' rating to Osceola County, Florida's (the county) approximately $43.3 million in sales tax revenue refunding bonds, series 2009A. The bonds are expected to price in November 2009. Proceeds will be used to refund the outstanding sales tax revenue bonds, series 1999. Concurrently, Fitch also affirms the $43.3 million in outstanding sales tax revenue...
4Vote!
Business Wire (Free subscription) | 10/26/2009
NEW YORK--(BUSINESS WIRE)--As part of ongoing surveillance, Fitch Ratings affirms Riverton City, Utah's $21.8 million outstanding franchise and sales tax revenue bonds at 'AA-'. The Rating Outlook is Stable. The 'AA-' rating reflects strong debt coverage levels from pledged tax revenues and good additional bonding security features. Additional considerations include the city's stable local economy...
4Vote!
Smart Money (Free subscription) | 10/23/2009
British Recession Keeps On Going On GOOD MORNING. Stocks in Asia closed higher today; U.S. futures are pointing to a mixed open. Europe’s economy had shown some signs of recovery lately, but things may not be going as well across the English channel. The U.K. economy posted a surprise 0.4% contraction in the third quarter, according the Office for National Statistics, extending the contraction...
4Vote!
Business Wire (Free subscription) | 10/20/2009
AUSTIN, Texas--(BUSINESS WIRE)--During the course of routine surveillance, Fitch Ratings takes the following action on Jefferson Parish, Louisiana: --Jefferson Sales Tax District (the district) special sales tax revenue bonds, series 1998, 2001, 2002 and 2005 downgraded to 'A+' from 'AA-'; this action affects $118.2 million in outstanding bonds. --Jefferson Parish Fire Protection District No. 7 (the...
4Vote!
Business Wire (Free subscription) | 10/19/2009
AUSTIN, Texas--(BUSINESS WIRE)--In the course of routine surveillance, Fitch Ratings affirms its 'AAA' rating on the DuPage Water Commission, IL's (the commission) approximately $24.3 million in outstanding general obligation (GO) water refunding bonds, series 2001. While the bonds are secured from an unlimited ad valorem tax levied on all taxable property within DuPage County, the commission continues...
4Vote!
Business Wire (Free subscription) | 10/15/2009
NEW YORK--(BUSINESS WIRE)--During the course of routine surveillance, Fitch Ratings affirms the rating on Charleston County, South Carolina's (the county) approximately $40 million general obligation (GO) refunding bonds, series 2004, and $59 million GO transportation sales tax revenue bonds, series 2006. The Rating Outlook is Stable. The 'AA' rating reflects Charleston County's strong financing operations...
4Vote!
Business Wire (Free subscription) | 10/05/2009
SAN FRANCISCO--(BUSINESS WIRE)--In the course of surveillance, Fitch Ratings affirms the 'AA-' rating of St. George, Utah's (the city) approximately $25.4 million of outstanding sales tax revenue bonds. The Rating Outlook is Stable. The 'AA-' rating reflects the bonds' high debt service coverage from a broad-based sales and use tax collected statewide, albeit with a somewhat high concentration of sales...
4Vote!
Business Wire (Free subscription) | 10/02/2009
CHICAGO--(BUSINESS WIRE)--Fitch Ratings assigns an 'AA' rating to the city of Chicago's (the city) sales tax bonds as follows: --Approximately $68,325,000 sales tax revenue refunding bonds, series 2009A; --Approximately $2,150,000 sales tax revenue refunding bonds, taxable series 2009B; --Approximately $20,072,690 sales tax revenue refunding bonds, taxable series 2009C. The bonds are expected to price...
5Vote!
Business Wire (Free subscription) | 10/01/2009
TAMPA--(BUSINESS WIRE)--In the course of routine surveillance, Fitch Ratings affirms the 'AA-' rating on the city of Orlando, Florida's (the city) approximately $32.4 million in outstanding state sales tax revenue bonds, series 2007. The Rating Outlook is Stable. The 'AA-' rating is based on the stability of the pledged revenue payment made by the State of Florida to the City of Orlando, adequate legal...
3Vote!
prmac | 02/02/2009
Berble Studios have released b-Tax 1.4 , an update to their highly rated Sales Tax and VAT calculator for iPhone and iPod Touch. For the first time the application ships with sales tax rates for all American states built right in. In addition to the United States, b-Tax has gone global with rates included for the United Kingdom, the Republic of Ireland, France, Germany, India and the Netherlands. b-Tax...
Videos