Demorest's credit rating upgraded for third consecutive year
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1 Articles
Demorest's credit rating upgraded for third consecutive year
The city of Demorest recently announced that Moody’s Investors Service has upgraded the credit rating of the City’s Water & Sewer Enterprise Fund to A3. This marks the third year in a row that Demores’ts credit rating has been upgraded. A press release from the city states the upgrade reflects Moody’s confidence in the city’s “strong financial position, stable cash flows, and disciplined capital management.” Moody’s noted that Demorest’s growing…
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