Politics
Politics

Fulton to save $40.4 million by refinancing debt

By
March 6, 2013

Fulton County will save more than $40 million by refinancing utility debt.

Fulton has issued $223.2 million in water/sewer revenue bonds at a true interest cost of 3.63 percent, the county announced Wednesday. By refinancing the debt, the county will save about 40.4 million.

Credit rating agencies gave Fulton good ratings as it refinanced the debt. Moody’s (AA3), Standard & Poor’s (AA) and Fitch Ratings (AA) all cited the county’s stable financial outlook.

About the Author

David Wickert writes about the state budget, finance and voting issues. Previously, he covered local government and politics in Gwinnett and Fulton counties. Before moving to Atlanta, he worked at newspapers in Illinois, Tennessee, Virginia and Washington.

Follow David Wickert on facebookFollow David Wickert on twitter
More Stories

Keep Reading

Former Atlanta Mayor Keisha Lance Bottoms announces her bid for governor while meeting with journalists in Atlanta Monday, May 19, 2025. Bottoms describes herself as a moderate, but many of her critics disagree. (Ben Gray for the AJC)

Credit: Ben Gray for the AJC

Bottoms reframes her record as 2026 races takes shape

Can the former Atlanta mayor pitch herself as a centrist for governor of Georgia?

Raffensperger launches 1st major policy plan with property tax-relief package

The secretary of state and GOP hopeful for Georgia governor wants ‘one predictable system’ for local taxes.

2h ago

Esteves unveils universal child-care plan in bid for Georgia governor

Democrat proposes using lottery reserves to expand pre-K to 3- and 4-year-olds and create statewide child-care access by 2035.

2h ago

The Latest

Jason Esteves is in a six-way battle for the Democratic nomination for Georgia governor. (Natrice Miller/AJC)

Credit: Natrice Miller/AJC

Esteves unveils universal child-care plan in bid for Georgia governor

2h ago

Raffensperger launches 1st major policy plan with property tax-relief package

2h ago
LISTEN

Monday Mailbag: Marjorie Taylor Greene, FAA and Atlanta City Council

2h ago

Featured

FILE - President Donald Trump arrives and walks by Rep. Marjorie Taylor Greene, R-Ga., to address a joint session of Congress at the Capitol in Washington, Tuesday, March 4, 2025. (AP Photo/J. Scott Applewhite, File)

Credit: AP

Greene says she regrets ‘toxic politics’ as split with Trump widens

Amid an ongoing political makeover, U.S. Rep. Marjorie Taylor Greene urges a kinder tone and says the president’s attacks put her at risk.

Long-range plan could significantly change Atlanta’s schools

Declining enrollment and rising costs led APS officials to develop a plan that would “repurpose” 16 school buildings. A public hearing is scheduled for Dec. 3.

‘Digital is real time, print is lifetime’: Farewells to the paper AJC

From the sound of the presses to framing special front pages, those who helped build the AJC share their memories.