Fitch Affirms Clearfield, UT Sales Tax Revenue Bonds to ‘A+’; Outlook to Positive
SAN FRANCISCO–(BUSINESS WIRE)–Fitch Ratings takes the following rating action on Clearfield, Utah as part of its continuous surveillance effort: –Approximately $3.5 million sales tax revenue bonds, series 2003, affirmed at ‘A’. The Rating Outlook is revised to Positive from Stable. RATING RATIONALE: –The rating reflects continued strong coverage of maximum annual debt service (MADS) and a strengthened additional bonds test (ABT). –The general fund position has strengthened and has diverse t
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Fitch Affirms Clearfield, UT Sales Tax Revenue Bonds to ‘A+’; Outlook to Positive
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