The Public Policy Institute of New York State, Inc.
JUST THE FACTS, 1997-1998



Table 29:
State Government Bond Ratings, 1996
Rank State Rating Rank State Rating
1 Georgia Aaa 3 Oklahoma Aa
1 Maryland Aaa 3 Oregon Aa
1 Minnesota Aaa 3 Texas Aa
1 Missouri Aaa 3 Vermont Aa
1 North Carolina Aaa 3 Washington Aa
1 South Carolina Aaa 3 Wisconsin Aa
1 Tennessee Aaa 4 California A1
1 Utah Aaa 4 Illinois A1
1 Virginia Aaa 4 Massachusetts A1
2 Delaware Aa1 4 Pennsylvania A1
2 New Jersey Aa1 4 Rhode Island A1
2 New Mexico Aa1 4 West Virginia A1
2 Ohio Aa1 5 NEW YORK A
3 Alabama Aa 6 Louisiana Baa1
3 Alaska Aa   Arizona NA
3 Arkansas Aa   Colorado NA
3 Connecticut Aa   Idaho NA
3 Florida Aa   Indiana NA
3 Hawaii Aa   Iowa NA
3 Maine Aa   Kansas NA
3 Michigan Aa   Kentucky NA
3 Mississippi Aa   Nebraska NA
3 Montana Aa   South Dakota NA
3 Nevada Aa   Wyoming NA
3 New Hampshire Aa U.S. Average NA
3 North Dakota Aa N.Y.S. % above avg. NA
Source: Moody's Investors Service, August 1996


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