Scottsdale Bond Ratings Stumble

Moody’s Investors Service issued a press release dated 14 November 2014 (between post-election press obsession and Thanksgiving, which may explain why the Republic and KJZZ missed it) announcing that it has assigned a AA1 rating–one notch below AAA–to bonds Scottsdale’s leaders are issuing to pay for improvements at the taxpayer-owned golf facilities known as the Tournament Player’s Club […]

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