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Yates County gets boost to credit rating from Moody’s

Yates County is moving in the right direction, according to Moody’s Investors Service.

Their credit rating was recently upgraded to Aa3 from A1.

The upgrade affects the county’s $2.6 million outstanding debt, all of which is rated by Moody’s, according to the Chronicle-Express.

Tax base expansion, and improve resident wealth are factors that have an impact on overall credit rating.

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Categories: NewsYates County