North Aurora improves multiple bond ratings
NORTH AURORA – Standard and Poor’s recently raised its long-term and underlying bond ratings for the village of North Aurora to “AA” from “AA-” with a stable outlook.
Standard and Poor’s cited several reasons for the increased ratings in a news release.
“The upgrade reflects improved sales taxes, which have strengthened the village’s financial position,” S&P credit analyst John Sauter said in the release.
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