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Attachment B <br />Table of Contents <br />LETTER OF TRANSMITTAL <br />1INTRODUCTION ................................................................................... 2 <br />2S&P GLOBAL RATINGS INDICATIVE RATING ............................ 4 <br />Institutional Framework ...................................................................... 4 <br />Economic Score ................................................................................... 4 <br />Management Score .............................................................................. 5 <br />Budgetary Flexibility ........................................................................... 6 <br />Budgetary Performance ....................................................................... 6 <br />Liquidity .............................................................................................. 7 <br />Debt & Contingent Liabilities ............................................................. 8 <br />3 .......................................................................... 10 <br />Full Value .......................................................................................... 10 <br />Full Value Per Capita ........................................................................ 10 <br />Median Family Income ..................................................................... 10 <br />Fund Balance .....................................................................................11 <br />Cash Balance ..................................................................................... 11 <br />Net Direct Debt to Full Value ........................................................... 11 <br />4CONCLUSIONS AND RECOMMENDATIONS ............................... 12 <br />Mission Statement <br />Springsted provides high quality, independent financial <br />and management advisory services to public <br />and non-profit organizations, and works with them <br />in the long-term process of building their communities <br />on a fiscally sound and well-managed basis. <br /> <br />