The City of Jacksonville has received \u201cAA\u201d ratings from S&P Global and Kroll Bond Rating Agency for its 2025 special revenue bonds, joining Fitch Ratings\u2019 earlier \u201cAA+\u201d affirmation.<\/p>\n
>>> STREAM ACTION NEWS JAX LIVE <\/b><\/a><\/p>\n These ratings are a testament to Jacksonville\u2019s strong financial health, allowing the city to borrow at lower interest rates and save taxpayers millions. The ratings reflect the city\u2019s solid financial track record, healthy reserves, and a robust and diverse economy.<\/p>\n \u201cWe are grateful that S&P and Kroll have joined Fitch in recognizing the significant progress our city is making,\u201d said Jacksonville Mayor Donna Deegan.<\/p>\n The ratings highlight Jacksonville\u2019s economic strengths, including its significant military presence and fast-growing population. The city is the economic engine for the seven-county Northeast Florida region, with a population increase of over 15% in the last decade.<\/p>\n S&P Global noted Jacksonville\u2019s comprehensive financial policies and fiscally responsible management, which have resulted in years of positive operating performances and healthy reserve levels.<\/p>\n [DOWNLOAD: <\/b>Free Action News Jax app for alerts as news breaks<\/b><\/a>]<\/b><\/p>\n The city is also focusing on climate resilience, with efforts such as adding staff to its resilience team and participating in the Storm Resiliency and Infrastructure Development Review Committee.<\/p>\n Kroll Bond Rating Agency praised Jacksonville\u2019s exceptional budget and appropriation process, as well as its ideal management structure and policies.<\/p>\n The city\u2019s reserves exceed policy targets, underscoring its commitment to financial resilience.<\/p>\n [SIGN UP: <\/b>Action News Jax Daily Headlines Newsletter<\/b><\/a>] <\/b><\/p>\n Click here<\/b><\/a> to download the free Action News Jax news and weather apps, <\/b>click here<\/b><\/a> to download the Action News Jax Now app for your smart TV and <\/b>click here<\/b><\/a> to stream Action News Jax live.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"The City of Jacksonville has received \u201cAA\u201d ratings from S&P Global and Kroll Bond Rating Agency for its…\n","protected":false},"author":3,"featured_media":89618,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5136],"tags":[5229,9961,3188,723,7310,70854,70855,67,586,132,5230,68,2969],"class_list":{"0":"post-111857","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-jacksonville","8":"tag-america","9":"tag-city-of-jacksonville","10":"tag-fl","11":"tag-florida","12":"tag-jacksonville","13":"tag-kroll-bond-rating-agency","14":"tag-sp-global","15":"tag-united-states","16":"tag-united-states-of-america","17":"tag-unitedstates","18":"tag-unitedstatesofamerica","19":"tag-us","20":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114956859061090580","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/111857","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=111857"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/111857\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/89618"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=111857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=111857"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=111857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}