Dustin Purinton, CPA, Accounting Manager
Sacramento Transportation Authority
Sacramento Transportation Authority
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Fitch Ratings - Austin - 05 Aug 2022: Fitch Ratings has assigned a 'AAA' rating to $23 million sales tax revenue refunding bonds (limited tax bonds), series 2022, to be issued by the Sacramento Transportation Authority, CA (STA or the authority).
In addition, Fitch has upgraded the bank bond ratings corresponding to the following sales tax bonds to 'AAA' from 'AA+':
--$106.1 million sales tax revenue bonds (limited tax bonds), Series 2014A;
--$106.1 million sales tax revenue bonds (limited tax bonds), Series 2015A.
The Rating Outlook is Stable.
