San Marcos Mercury | Local News from San Marcos and Hays County, Texas

municipal bonds

Thursday, May 22nd, 2014

San Marcos’ municipal bond rating upgraded to AA

The City of San Marcos has been granted an upgrade in its Standard & Poor’s long-term bond rating from “AA-“ to “AA” on outstanding general obligation debt, an improvement that will save taxpayers money on repaying debt that finances major capital projects.