((3yr revenues) - (3yr obligations)) / (3yr revenues)
(+) indicated recent upgrade
(-) indicates recent downgrade
High Quality

Sioux City - Aa+
Chicago - Aa
Washington - A+
Las Vegas - A
Steel - A
Carolina - A
Albany - A
Concorida - BBB
Philly - BBB
High Yield

NorCal - BB
Texas - BB
Toronto - BB
NY - B
Hartford - B
Shelton - CCC
Port Orange - CCC-
Junk

Miami - CC
New England - C
Denver - C
Seattle - C