Roseville's credit rating improves

Published: Thursday, Apr. 3, 2014 - 11:44 am

Roseville’s bond rating has been upgraded by Standard & Poor’s 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 Roseville’s economy very strong,” S&P analyst’s 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 Bee’s Dale Kasler, (916) 321-1066. Follow him on Twitter @dakasler.

Read more articles by Dale Kasler





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