Memphis budget woes spark worry from bond rating agency
Memphis’ current bond rating is AA, which is the second-highest rating for a company or municipality and is just below AAA. (The Daily Memphian file)
The outlook change signals that Fitch Ratings has concerns and could downgrade the City of Memphis’ bond rating.
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Memphis city budget Paul Young Subscriber OnlyThank you for being a subscriber to The Daily Memphian. Your support is critical.
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Samuel Hardiman
Samuel Hardiman is an enterprise reporter who focuses on government and politics. He began his career at the Tulsa World where he covered business and K-12 education. Hardiman came to Memphis in 2018 to join the Memphis Business Journal, covering government and economic development. He then served as the Commercial Appeal’s city hall reporter and later joined The Daily Memphian in 2023. His current work focuses on the intersection of government, public policy, influence and how public dollars are spent.
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