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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About Clayton 1251 Articles
Clayton Carte is the founder and owner of MHF News. He founded the site in 2017 to highlight transportation projects. Over time, he began covering other topics like new development so residents can best know what’s happening in our community.