San Antonio (enviable AAA General Obligation Debt Bond Rating ) Case Study

San Antonio (enviable AAA General Obligation Debt Bond Rating ) - Case Study Example6). These were validated by the statistics and patterns highlighted above.When compared to other greenness variables, as noted, San Antonios unemployment rate which was 7.4% was comparatively low in contrast to the unemployment rate exhibited by the whole of Texas (8.1%) and of the country, in general (8.8%). This is significant considering that, as reported, San Antonio is the only U.S. City with a population over one million to be given a AAA bond rating by all trinity rating agencies. Further, their rating was likewise compared to the ratings generated by other municipalities, such as Columbus, Ohio and Kirkland, Washington and the following highlights are notedIt is eminent therefore that rating agencies assess the credit ratings of municipalities based on the factors that were revealed. As disclosed by Moodys, San Antonios rating could be changed to lower ratings when the following scenarios occur (1) failure to proceed balanced operations (2) trend of declining reserves (3) trend of significant taxable value loss indicating a weakening of economic position and (4) change in the US rating that results in pressure on localMoodys Investors Services, Inc. MOODYS ASSIGNS Aaa RATING TO CITY OF SAN ANTONIOS GENERAL IMPROVEMENT REFUNDING BONDS, SERIES 2012. 26 March 2012. moodys.com. 27 April 2012