Fitch Affirms Wayne District

Carvlin, Elizabeth
July 2006
Bond Buyer;7/26/2006, Vol. 357 Issue 32431, p39
Trade Publication
The article reports that Fitch Ratings has affirmed its BBB rating for the Wayne County Community College District in Michigan. The rating agency cited the improved management of the district but it also warned of the need to raise additional funds through taxes and to manage its operating budget. The district has $50 million of outstanding community college improvement limited-tax general obligation bonds.


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