Facebook Link Preview for LakeCountyFL.gov
Lake County logo
Residents Visitors Business Government
 
You are here: Home > Media > News Releases > News Release
 
Keyword Search
 
Citizen Action Request
General Information
Lake County BCC
315 West Main St.
P.O. Box 7800
Tavares, Florida 32778


 News Release
Print Page Save Link

Lake County gets affirmed “A” on capital-improvement bonds.

RELEASE DATE: March 30, 2011

TAVARES — Standard & Poor’s, one of the leading sources of independent credit ratings, recently affirmed its “A” rating on Lake County’s sales tax revenue bonds, which are used for capital improvement projects.

The rating reflects the strengths of Lake County’s strong population growth, which results in a larger share of state-distributed sales tax and the County’s good debt service coverage.

In April 2007, the County sold bonds to support the construction of a Judicial Center expansion, an office building for the Tax Collector and Property Appraiser and a downtown Tavares parking garage.

The Judicial Center expansion is the final downtown Tavares capital project currently in the construction period, and is scheduled for completion in March 2013.

For more information on Lake County’s bond ratings, contact the County Manager’s Office at (352) 343-9888 or the Lake County Clerk of Courts’ Finance Department at (352) 343-9808.

###

More Information:
County Manager’s Office
(352) 343-9888

Lake County media contact:
Kelly Lafollette
Information Outreach Director
Office: 352-343-9603; Cell: 352-455-0445
klafollette@lakecountyfl.gov

E-mail Subscription

Signup to receive a weekly, aggregated listing of Lake County's news releases via e-mail:

 
Privacy Policy, More Information
Lake County BCC Copyright 2006
Home : Visitors : Residents : Business : Government : Directory of Services : Online Services