Houston’s credit rating has been upgraded. This is good news
for taxpayers of Houston! The S & P Global Ratings Service upgraded Houston’s
financial rating from “AA Negative” to AA Stable”. The move most likely follows,
as a result of the city passing its $1 Billion Pension bond. The rating company
cited Houston’s “very strong fiscal management, with strong financial policies”
and its “strong economy” as factors. This is good news for Houston taxpayers.
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