Rosevilles bond rating has been upgraded by Standard & Poors Ratings Services, a tribute to the strengthening economy. The move will save the city some money when it borrows.
S&P this week upgraded Roseville one notch to AA-plus from AA.
We consider Rosevilles economy very strong, S&P analysts wrote.
The higher rating translates into lower interest costs. On a $35 million bond sale, the city would save $500,000, said city spokesman Brian Jacobson.
Call The Bees Dale Kasler, (916) 321-1066. Follow him on Twitter @dakasler.