Fitch Gives San Francisco Several One-Notch Downgrades, Citing Weak Economy

Sanchez, Humberto
May 2004
Bond Buyer;5/19/2004, Vol. 347 Issue 31887, p36
Trade Publication
Reports that Fitch Ratings Inc. has downgraded the city and county of San Francisco, California in outstanding general obligation bonds. Comment on the financial reserves, economic and tax performance of the city; Operating deficit anticipated for fiscal 2004; Reduction of state funding levels for fiscal 2005.


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