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 Mayor Paul Young Subscriber OnlyThank you for supporting local journalism.
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Samuel Hardiman
Samuel Hardiman is an enterprise and investigative reporter who focuses on local government and politics. A native Rhode Islander who lives in Midtown, he enjoys tennis, golf and reading.
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