Merritt provides detailed information (through over 10,000 data fields) related to municipal credits with revenue or tax-backed debt outstanding. Click through any blue icon below to view a sample of select benchmark median values for that particular sector from our comprehensive dataset.
  • Airport

    Air transportation enterprises responsible for operating and/or maintaining a public airport, system of airports or combined port facility. Airports exist at the state, regional, county and municipal levels, and are often operated by the facility itself or a port authority. Common revenues may consist of landing fees, terminal leases, passenger facility charges and various concessions, such as car rentals and parking.
  • City

    A municipality that provides a broad range of services to its residents, including general government, public safety, culture, education or recreation. Debt obligations are most often payable through the collection of taxes (primarily property) or fees.
  • Community College

    Community, junior or technical colleges governed at the state or local level that are typically at least 2-year, but less than 4-year institutions. Some combination of associates degrees, vocational or technical education, training, certificates, and adult and continuing education are typically provided. Revenues are primarily derived from federal, state and local appropriations, property taxes, grants and/or contracts, in addition to student tuition and fees.
  • County

    Administrative divisions of a state that provide services to residents including general government, public safety, culture, education or recreation. Debt obligations are payable through their collection of taxes (primarily property) or fees. A county may contain cities, towns, townships, villages or other municipalities.
  • Hospital

    Health care providers operating one or more acute care facilities. Providers can be a single local or regional facility, or a state or nation-wide health system. The types of facilities include general acute care, children’s, critical-access, teaching and hospital districts. Most debt obligations are payable from general revenues of the facility, while hospital districts may issue general obligation debt secured by property taxes collected in the district.
  • Private Higher Ed

    Not-for-profit colleges and universities that are operated by a private or non-government agency. The primary sources of revenue are tuition and fees, private gifts, grants and contracts, investment earnings, auxiliary enterprises and government sources.
  • Public Higher Ed

    Colleges and universities that are chartered and operated by a state government. Sector also includes state systems of higher education. Primary sources of revenue include tuition and fees, auxiliary enterprises, state appropriations and government grants and contracts.
  • Retail Electric

    Stand-alone or combined utilities whose primary deliverable is retail customer electricity. Debt obligations are often payable from revenue and operations of the retail electric utility.
  • School District

    Special-purpose districts that operate public primary and secondary schools. Most school districts have taxing authority and collect primarily property taxes to repay general obligations, annual appropriations, certificates of participation and/or lease revenue bonds.
  • State

    U.S. states and territories that provide services for residents including; agriculture and natural resource management, economic development programs, education, health and human services, infrastructure improvement, judicial services and public safety. The government is funded primarily through the collection of sales taxes, income taxes, fuel taxes, fees and grants.
  • Tollroad

    Transportation enterprises involved in operating or maintaining a toll road or bridge system. Revenues consist primarily of funds derived from user charges.
  • Water / Sewer

    Stand-alone or combined utilities whose primary deliverables are water and sewer services to retail and wholesale customers. Debt obligations are often payable from the revenue and operations of the water and sewer entity.
  • Wholesale Electric

    Utilities whose primary deliverable is wholesale customer electricity. Sector may also include cooperatives or an individual project for a power agency when debt service is payable only from that project. Debt obligations are payable from revenue and operations of the wholesale electric utility.