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Fitch Ratings: U.S. Public Finance Surveillance.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- During the course of routine surveillance, Fitch Ratings Fitch Ratings

An international rating agency for financial institutions, insurance companies, and corporate, sovereign, and municipal debt. Fitch Ratings has headquarters in New York and London and is wholly owned by FIMALAC of Paris.
 affirms the following ratings:

-- Lake County, FL, approximately $4 million sales tax sales tax, levy on the sale of goods or services, generally calculated as a percentage of the selling price, and sometimes called a purchase tax. It is usually collected in the form of an extra charge by the retailer, who remits the tax to the government.  revenue bonds series 2000 (Pari-Mutuel Revenues Replacement Program) at 'A+' with a Stable Outlook .

-- Miami-Dade County, FL, approximately $84 million special obligation and refunding bonds, series 1996B at 'A' with a Stable Outlook, revised from Positive; and approximately $91 million professional sports fanchise facilities tax revenue refunding bonds series 1998 at 'A' with a Stable Outlook.

-- Winter Springs, FL, approximately $6 million improvement refunding revenue bonds series 1999 and $9 million improvement refunding revenue bonds series 2003 at 'A+' with a Stable Outlook.

Fitch's rating definitions and the terms of use Terms of Use are rules set up by the owner of an intellectual property or service to govern how they may be legally used.

In many cases, terms of service are used as a contractual agreement between a company and users of a service they provide.
 of such ratings are available on the agency's public site, 'www.fitchratings.com'. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures Policies and Procedures are a set of documents that describe an organization's policies for operation and the procedures necessary to fulfill the policies. They are often initiated because of some external requirement, such as environmental compliance or other governmental  are also available from the 'Code of Conduct' section of this site.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 11, 2006
Words:168
Previous Article:Fitch Rates Resource Real Estate Funding CDO 2006-1, Ltd./LLC.
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