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Fitch Ratings Affirms City of Santa Fe Bonds at AA+; Outlook Stable

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Agency Says City is Well Positioned to Maintain Financial Resilience Through Current Recovery Period, Future Economic Cycles

SANTA FE, October 26, 2022 – Fitch Ratings, an independent rating agency, has affirmed the City of Santa Fe’s bond ratings at “AA+.” This includes the Issuer Default Rating (IDR), $16.6 million in general obligation (GO) bonds, $38.8 million in senior lien gross receipts tax (GRT) revenue bonds, and $55.1 million in subordinate lien GRT revenue bonds. 

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