Boost in Flathead County's credit rating results in savings on jail project
A bump in Flathead County's credit rating resulted in lower-than-expected property tax increases to cover the $95 million in bonds needed for the new county jail.
As part of the bond financing process, Flathead County’s underlying credit rating from S&P Global improved from “AA” to “AA+” on sustained financial strength and an expanding economy, according to county officials.
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