Merritt Research Services offers comprehensive data on municipal credits, covering tens of thousands of data fields related to revenue or tax-backed debt. Click on the green icons below to explore a sample of key benchmark median values for each sector, drawn from our extensive dataset.

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.

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, 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 to 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.

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

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.

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.

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.

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.

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.

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.

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

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.

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.