Sarasota County Legacy Trail Bonds Earn "AAA" Rating

Government

SRQ DAILY FRESHLY SQUEEZED CONTENT EVERY MORNING THURSDAY APR 18, 2019

Sarasota County's general obligation (GO) bonds, issued for the Legacy Trail project, recently earned a "AAA" rating from S&P Global Rating and Fitch Ratings, reflecting the county's continued financial stability and pragmatic practices. The GO bonds will be the first of two expected issuances to fund the extension of the Legacy Trail. The extension will allow for access to the trail for walking, biking, running and more. S&P Global Ratings and Fitch Ratings also issued "AA+" ratings for capital improvement revenue bonds, issued for a Sarasota Sheriff's Office support facility and the refinancing of previously issued bonds.Sara

Sarasota County Government

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