Sarasota, Florida has received AA+ ratings from Fitch Rating Service. The ratings were as follows:
$37.7 million general obligation (GO) bonds, series 2007 at ‘AA+’;
$7.6 million sales tax payments revenue bonds, series 2010 at ‘AA’.
Outlook is Stable. The company concluded that property and sales taxes levied in Sarasota County were adequate and warranted the healthy rating.
For more info on how Fitch rates: www.fitchratings.com