Local News

Braselton's water and system revenue bonds earn A rating

By Joel Anderson
March 16, 2012

Bond rating agency Standard and Poor’s has raised Braselton’s water and sewer system revenue bonds’ rating to an A.

The town received official notification of the rating increase based on the timing and quality of the refinancing of the 2003 bonds, which projects to save the town $1.1 million over the life of the bonds.

“The rating increase is welcome news and serves as a confirmation of our fiscal management as public stewards as well as our economic projections for future growth,” town manager Jennifer Dees said in a written statement.

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Joel Anderson

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