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Saratoga Springs retains strong bond rating

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Standard & Poor’s Rating Services has rated the city’s credit worthiness at AA+ for the second year in a row. An AA+ bond rating is high for a municipality and means that the institution considers the city’s ability to pay back debt “very strong.” It is just one notch below S&P’s highest rating of AAA. Last year, S&P upgraded the city’s bond credit rating from AA to AA+. This year’s rating also retains the city’s ...

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