H-PASO ROBLES

Dec 3, 2013 1:54 AM by Ed Zuchelli, KSBY News

Paso Robles bond rating upgraded

The City of Paso Robles bond rating is back up to the highest possible.

Standard & Poor's Rating Service raised it to AAA, citing the city's strong finances and stable economy.

A higher rating makes a city's municipal bonds safer and a more attractive investment.

A rating factors in a city's reserves and how it maintains a budget.

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