Several bonds that will be priced on Nov. 3 and fund projects across Riverside County — construction of an animal care facility, an 800 MHz public safety radio communication system, and the leasing of several buildings — were given an “AA-” rating on Thursday by Fitch Ratings.
“The negative outlook reflects Fitch’s concern that the effect on the economy of the real-estate market and the real-estate market’s severe deterioration will stress Riverside County’s traditionally well-managed finances,” a news release states. “Continued credit strength will depend on the county’s ability to control spending and maintain its above-average reserves throughout the economic downturn. Further deterioration of the strong, currently well-diversified economy could also pressure the rating.”
That is well known that cash makes people autonomous. But what to do if someone does not have cash? The one way is to try to get the credit loans or consolidation loan.