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Double A. (© FlaglerLive) Fitch Ratings announced on Monday (Dec. 7) its upgrade of the City of Palm Coast’s utility outstanding obligations bond rating from A+ to AA, which represents an extremely strong rating. “Achieving this rating upgrade is a testament to the strong financial system and management at the City of Palm Coast,” said Palm Coast City Manager Matthew Morton. “This is a huge validation to the quality and competency of the City Utility and Finance Departments.” Fitch assessed the standalone credit profile (SCP) of the city’s water and sewer system at ‘AA’ and also noted the rating outlook was revised from positive to stable. In 2019, Fitch affirmed the City’s A+ rating from stable to positive.

Matthew mortonHelena alvesFitch ratingsPalm coastPalm coast city manager matthewCity utilityFinance departmentsFinance director helenaFlagler countyமேத்யூ மோர்டன்ஹெலினா ஆல்வ்ஸ்ஃபிட்ச் ரேடிஂக்ஸ்பனை கடற்கரைபனை கடற்கரை நகரம் மேலாளர் மேத்யூநகரம் பயன்பாடுநிதி துறைகள்