Fitch Rates Jefferson County, Colorado $70MM Sales Tax Revs 'AA-'; Outlook Stable

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    • Jan 2009
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    Fitch Rates Jefferson County, Colorado $70MM Sales Tax Revs 'AA-'; Outlook Stable

    (PR-inside.com) Fitch Ratings assigns an 'AA-' rating to Jefferson County, Colorado's (the county) $70 million open space sales tax revenue refunding bonds, series 2009 (the 2009 bonds). In addition, Fitch affirms the 'AA-' rating on the county's approximately $50 million (post-refunding) in outstanding open space sales tax revenue bonds. The Rating Outlook is Stable. Scheduled for a competitive sale on April 7, 2009, the bonds are secured by net sales tax revenues from the county's portion of the permanent half-cent sales tax adopted in 1972 for the acquisition and preservation of open space. The proceeds will be used to refund the county's ..

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