Locust Grove receives Aa bond rating ahead of T-SPLOST bond sale

Location of planned transportation projects in Locust Grove. Photo shows highway 42 between Bill Gardner Parkway and Marketplace Blvd, and Bill Gardner Parkway west of I-75 (Locust Grove photo).

The city of Locust Grove announced they received a Aa bond rating ahead of an upcoming T-SPLOST bond sale. Bond ratings measure the city’s financial strength and ability to repay debt.

Specifically, the city received a Aa3 rating from Moody’s Investors Service. Moody’s considers Aa to be obligations judged to be of high quality and subjec...

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Clayton Carte is the founder and owner of MHF News. Since 2017, he has written over 1,000 articles sharing local updates with the community.