Fitch Rates Suffolk County, NY's Refunding Serial Bonds 'AA-'; Outlook Revised …

Fitch Rates Suffolk County, NY's Refunding Serial Bonds 'AA-'; Outlook Revised …
The tax base is diverse with the top 10 taxpayers comprising a small 5% of market value. Total property tax collections in 2010 remained strong and in line with prior year collection rates at about 99%. The county is affluent, with median household …
Read more on MarketWatch (press release)

McDermott tries again to rewrite estate tax
President Obama, for instance, campaigned on a pledge to freeze estate taxes at 2009 levels, which would exempt the first $ 3.5 million in assets with tax rates for amounts above that topping out at 45 percent. "There is not much political appetite to …
Read more on The Seattle Times

Fitch Rates DASNY's MM PIT Bonds 'AA'; Outlook Positive
The PIT revenue stream has shown strength in the current fiscal year through October, with 3% growth in personal income withholding revenue and particular strength in personal income tax estimated payments (largely related to settlement of 2010 …
Read more on MarketWatch (press release)

Tags: &#39AA&#39, Bonds, County, Fitch, NY&#39s, Outlook, Rates, Refunding, Revised, Serial, Suffolk

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Tagged with: &#39AA&#39 • Bonds • County • Fitch • NY&#39s • Outlook • Rates • Refunding • Revised • Serial • Suffolk

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