(PR-inside.com) - In the course of routine surveillance, Fitch affirms the 'A+' rating on the city and county of Broomfield, Colorado's (the city and county's) $105 million outstanding sales and use tax revenue bonds. The Rating Outlook is Stable. The 'A+' rating reflects strong debt service coverage ratios which have been fueled by the city and county's population and retail growth. Credit concerns include the economically sensitive nature of the sales taxes and Broomfield's very high debt levels. Broomfield's population has grown approximately 2.5% annually since 2003 led by a strong information sector. The sales and use tax revenues ..
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