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Denton Record-Chronicle

'Impact the taxpayer': Dozens of governments put on watch list after late filings

By Joe Mueller,

2023-03-15

(The Center Square) – The credit ratings of dozens of local governments and utilities throughout the nation are declining because of a failure to file 2021 financial information, according to a leading finance organization.

S&P Global Ratings placed 149 governments and public utilities with tax-secured debt from 31 states on a watch list, which will potentially have negative consequences for borrowing funds in the future.

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