US EditionCity of Manhattan Beach reaffirms vaunted AAA rating
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City of Manhattan Beach reaffirms vaunted AAA rating
by Mark McDermott The City of Manhattan Beach has reaffirmed its elite AAA credit rating. S&P Global Ratings last week issued a report confirming that the City’s finances have again earned its highest stamp of approval. “Our ratings reflect the city’s strong financial management policies, healthy available reserve position, affordable long-term liability profile, and favorable economic metrics, including extremely high local income metrics,” t…
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