Financial management receives rating upgrade
It can be difficult to trust elected officials with our tax dollars, given how often we learn of instances of fraud, waste, abuse or simply poor decisions regarding our money. But in Ohio, residents have gotten some third-party confirmation that there is reason for confidence. Standard & Poor’s has upgraded its global ratings for Ohio’s Major New State Infrastructure Project Revenue Bonds to AA+. This comes after the ratings agency last year upgraded Ohio’s issuer default and general obligation bond ratings to AAA. These are important indications that at least some aspects of ...