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

In addition to being a political and religious leader, Bishop Reginald Jackson also served as chairman of the Board of Trustees of Morris Brown College. (Ben Gray/AJC)

Credit: Ben Gray

OBITUARY

AME Bishop Reginald Jackson, religious and political leader, dies at 71

Jackson served for eight years as head of 500 African Methodist Episcopal churches in Georgia.

Georgia dismisses Trump election case, ending his last criminal prosecution

Fulton DA Fani Willis launched the investigation nearly five years ago saying Trump and his allies conspired to overturn the 2020 election in Georgia.

Fulton County taxpayers could be on the hook for millions as Trump case ends

Fulton County taxpayers may need to pay millions of dollars in legal defense bills for Donald Trump and others charged in the now defunct election interference case.

The Latest

“This case is hereby dismissed in its entirety,” a Superior Court judge ruled in Georgia's election case against President Donald Trump. (Doug Mills/The New York Times)

Credit: NYT

Georgia dismisses Trump election case, ending his last criminal prosecution

Fulton County taxpayers could be on the hook for millions as Trump case ends

OBITUARY

AME Bishop Reginald Jackson, religious and political leader, dies at 71

Featured

Carleigh Knight (left) and her sister, Natalie Rogovin, look at Christmas ornaments while shopping at Kudzu Antiques + Modern in Decatur on Tuesday, Nov. 25, 2025. (Natrice Miller/AJC)

Credit: Natrice Miller

Metro Atlanta retailers hopeful for strong holiday season after chaotic year

Some independent retailers in metro Atlanta are entering this holiday season feeling battered by what they call a chaotic year.

$21B data center proposal aims to become one of Georgia’s largest

Trammell Crow Co. is planning a $21 billion technology campus for a 1,632-acre site along I-75 roughly 60 miles southeast of downtown Atlanta.

This metro Atlanta couple spearheaded a change in football helmets

Erin and Lee Hanson are the founders behind Guardian Sports, the company that makes the Guardian Caps worn by college football and NFL players.