Georgia Again Keeps Triple-A Bond Ratings
(Atlanta Business Chronicle) — Georgia has again retained its three triple-A bond ratings from all three rating agencies, Gov. Sonny Perdue’s office reported Monday.
Georgia is one of a few states to maintain the highest bond ratings possible from Moody’s, Fitch, and Standard & Poor’s. Perdue’s office said the rating agencies credited the state’s active management of the budget, including withholding allotments to agencies to ensure expenditures do not exceed revenues.
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