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Fitch Affirms Bloomfield, NM's Unlimited Tax GOs at 'A+'; Outlook Stable

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the 'A+' rating on the following bonds for Bloomfield, New Mexico (the city). --$625,000 outstanding unlimited tax general obligation (ULTGO) bonds series 2005. The Rating Outlook is Stable. SECURITY The bonds are a general obligation of the city secured by an unlimited ad valorem tax pledge without limitation as to rate or amount. KEY RATING DRIVERS DEPENDENCE ON ECONOMICALLY VOLATILE REVENUES: After several years of declines, the city's pr

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