Fitch gives Maui AA+ Rating - Hawaii News Now - KGMB and KHNL

Fitch gives Maui AA+ Rating

WAILUKU, MAUI (HawaiiNewsNow) -

A good credit rating will save taxpayers some money on Maui.

Fitch ratings gives a good AA+ rating on Maui general obligation bonds, which means when Maui sells bonds to raise money for projects, it can offer a lower return - it won't have to pay as much interest on the borrowed money.

Fitch says Maui finances are well-managed and its property tax base has stopped rapidly shrinking.

Copyright 2012 Hawaii News Now. All rights reserved.

Powered by Frankly