Local News
Local News

DeKalb water and sewer bonds get "A+"

By Ty Tagami
Nov 28, 2011

A credit rating agency has given DeKalb County government's recent water and sewer revenue bonds a strong, though not perfect, grade.

Standard & Poor’s Financial Services notified DeKalb officials that it was giving a long-term "A+" to the county's 2011A series bonds. The agency gave the county's other water and sewer revenue bonds a "AA-."

An "A" indicates a "strong" ability to meet debts but susceptibility to adversity and change. S&P attributed "solid operations" to the new ratings, but county CEO Burrell Ellis said the grades also recognized cost-cutting.

About the Author

Ty Tagami is a staff writer for The Atlanta Journal-Constitution. Since joining the newspaper in 2002, he has written about everything from hurricanes to homelessness. He has deep experience covering local government and education, and can often be found under the Gold Dome when lawmakers meet or in a school somewhere in the state.

Follow Ty Tagami on facebookFollow Ty Tagami on twitter
More Stories

The Latest

American Medical Responses has served DeKalb County since 2013. (AJC file)

Credit: JOHN SPINK/JSPINK@AJC.COM

DeKalb votes to move forward with $77 million ambulance contract

Girl stabbed to death by mother found positioned in a recliner, warrants say

Crash involving tractor-trailers caused delays on I-75 South in Clayton County

Featured

Rose Scott signals as Closer Look goes on air in the WABE studio. An Atlanta resident left WABE a $3 million donation, a boost after WABE lost $1.9 million in annual funding from the Corporation of Public Broadcasting. (Ben Gray / AJC file)

Credit: Ben Gray

Donor leaves WABE $3 million, largest individual gift in station’s history

An Atlanta resident has bequeathed WABE a $3 million donation, the largest one-time individual donation in the nonprofit media operation’s 76-year history.

Usher sues business partners over failed Buckhead restaurant plan

Atlanta singer Usher wants his money back after loaning $1.7 million to music producer Bryan-Michael Cox and others to buy a Buckhead restaurant property for $6.3 million.

Braves’ original ‘Freeze’ is retired. But you probably still can’t catch him.

As the Atlanta Braves prepare to find their next sprinting mascot, Nigel Talton is enjoying his new career coaching high school athletes at McEachern High.