Sarasota Gets High Credit Rating
Business
SRQ DAILY MONDAY BUSINESS EDITION
MONDAY FEB 23, 2015 |
Fitch Ratings announced Sarasota County's revenue bonds were given an AA+ rating. The rating for the $32.6-million in infrastructure sales surtax bonds is based on several factors, including the county's credit profile. Sarasota County's strong financial standing also played a role in the bond rating, based on careful management of financial policy, conservative budgeting practices and healthy reserve fund levels.
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