Summary
Salt Lake taxpayers should be proud of the fact that our capitol city's recently issued $11.3 million general obligation (GO) bonds (for improvements at Hogle Zoo and Tracy Aviary) achieved the highest credit rating attainable, AAA by Moody's Investors Service. In fact, Salt Lake City is one of only five of the 50 capitol cities whose GO bonds have achieved such a credit distinction.
What does the AAA rating mean to us? It results in hundreds of thousands of dollars in interest savings over the term of the borrowing. Salt Lake City is borrowing at the absolute lowest cost for its taxpayers.See the full content of this document
Extract
Kudos for Aaa Rating
As portfolio co-manager for the Tax-Fre...
See the full content of this document
Sponsored links
