One of the nation’s major bond rating agencies on Friday increased its rating on JEA’s highest-priority water and sewer debt to its highest rating. The move by Standard & Poor’s Rating Services marked the first time JEA debt has ever been rated AAA. The move helps the city-owned utility to save money when it borrows in the future or refinances its more than $1.6 billion in debt for its water and sewer system. read more

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Topics:  Florida   Duval County   Jacksonville   
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