The expresses baseball tickets issuer now seahawks indicates appears correctly on Fitch's web site at. The bond is in fact issued Sterling HeightsBuilding Authority. The rating for the series 2003 bonds was entered in Fitch's ratings databaseunder the issuer Sterling Heights. The city has also prudently fully paidits $11.7 million annual required contribution for its other post employmentbenefit obligations The unfunded liability is $143 million.
The city has overfunded its two stand-alonepension systems for its general employees and fire and police with fundingratios of 127% and 125%, respectively ken griffey jr . Overall debt levels are also modest equaling $1,355 percapita, or 1.4% of market value seatle seahawks . The city's debt levels are very low with direct debt equaling $155 per capita,or 0.2% of market value seattle mariners . Likewise,concentration of the top 10 taxpayers has decreased to 13% from 20% in 1999 seahawks .
Tax base concentrationof Chrysler and Ford has decreased to 9% in 2008 from 15% in 1999 mariners quilt . Although unemployment ratesfor the city have more than doubled to 11.2% in April from 5.3% for the sameperiod in the prior year, it remains lower than regional and state averageswhich are 14.4% and 12.7%, respectively, partly reflecting the city's continuedefforts to diversify its economy in the defense sector seatle seahawks . Located in southwestern Macomb County, Sterling Heights is the fourth largestcity in Michigan, located 18 miles north of Detroit seattle mariners . In addition, the city has $16.6 millionavailable for general fund operations from a recent judgment against aninsurance company related to the 2004 Hillside lawsuit .
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