Sarasota's Financial Stability Earns High Ratings
Business
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TUESDAY JUL 12, 2016 |
Fitch Ratings and Standard and Poor’s Rating Services (S&P) both announced that Sarasota County’s financial stability remains strong with a stable outlook. New York based Fitch Ratings, affirmed the county’s ‘AAA’ issuer credit rating (IDR), which reflects ample revenues and expenditure control and sound financial operations. S&P also affirmed ‘AAA’ issuer credit rating (ICR) for Sarasota and the county’s limited ad valorem tax bonds rating was raised from ‘A-‘ to ‘AA+’.
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