Fitch Ratings Maintains Vallecitos ‘AA+’ Rating with a “Positive” Outlook

0
808

On July 15, 2022 Fitch Ratings reviewed the rating of the Valllecitos Water District and based upon available information and responses the District provided in correspondence, has concluded that there should be no change to the existing rating or rating outlook. Fitch conducted a “Review No Action” which resulted in maintaining the District’s “AA+” rating with a “Positive” outlook. The AA+ rating is a testament to the actions taken by the Vallecitos Board to ensure that Vallecitos is properly run financially.