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Attachment B <br />Therefore, a 2.0 reduction in the initial score can be applied. Negative <br />adjustments include significant new debt planned, interest rate risk that could <br />increase annual debt payments by at least 20%, net debt as a percentage of <br />market value exceeding 10%, unaddressed exposure to large unfunded pension <br />or OPEB obligations, and speculative contingent liabilities. <br />any of these apply to the City of Roseville, therefore the initial Debt & <br />Contingent Liabilities Score of 4.0 less the 2.0 adjustment results in a score of <br />2.0. <br />This portion of the analytical framework, which the City of Roseville has <br />portion for the Debt & Contingent Liabilities Score is 0.2 x (2.0 x 10%). Based <br />on the prior criteria, the sum total used to determine the City o <br />credit rating is 1.4 (0.2 + 0.3 + 0.2 + 0.1 + 0.3 + 0.1 + 0.2). <br />CriteriaWeightRoseville <br />Institutional Framework10%0.2 <br />Economy30%0.3 <br />Management20%0.2 <br />Budgetary Flexibility10%0.1 <br />Budgetary Performance10%0.3 <br />Liquidity10%0.1 <br />Debt & Contingent Liabilities10%0.2 <br />Total Indicative Credit Rating Score100%1.4 <br />The lower the score in any given category, the higher the credit rating. <br /> <br />