Santa Clarita Upgraded to Highest Credit Rating

Standard and Poor’s Upgrades Santa Clarita to AAA Rating During Great RecessionFOR IMMEDIATE RELEASESeptember 14, 2012Contact: Gail Ortiz661-255-4314 Santa Clarita, Calif. - The City of Santa Clarita was recently notified that its credit rating was upgraded to AAA, the highest rating a municipality can receive. Standard and Poor’s defines the AAA rating as: “Extremely strong capacity to meet financial commitments; the highest rating.”   The upgrade is Santa Clarita’s third in five years. “We set a conservative fiscal plan 25 years ago when the City was established. This is the