Tag Archives: Jeremy Ludlum

Guest Post: Williston's Poor Fiscal Priorities Result In Credit Rating Downgrade

Guest Post: Williston's Poor Fiscal Priorities Result In Credit Rating Downgrade

This afternoon, Bloomberg News is reporting that the credit rating agency of Standards and Poors has downgraded the credit rating of the City of Williston to a BBB+, three steps away from “junk bond status”. The $5.8 million of debt the city sold in December for water and sewer work is a fraction of the $625 million officials say

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