The bond for the City of Missoula’s municipal water company has earned an A-plus rating from S&P Global, plus the 2017 bonds were upgraded from A to A-plus.
The first set of bonds have been issued from the 158 million dollar package approved by voters last November for the Missoula County Public Elementary and High schools. According to Missoula County Public School District 1 Superintendent Mark Thane, the interest rate on the bonds is much lower than was expected.
On Monday, Fitch Ratings announced that Montana’s general obligation bonds were just one step away from receiving their highest rating. Montana Governor’s Office spokesman Dave Parker explains