(St. Louis ~ In a recent announcement, Comptroller Darlene Green revealed that Fitch rating agency has upgraded the credit rating of St. Louis City to 'AA'. This upgrade is seen as a positive development for the city as it continues to prioritize responsible fiscal and budgeting practices. According to Green, this upgrade is a testament to the financial resilience of the city.

As the chief fiscal officer of St. Louis, Green is responsible for protecting taxpayer dollars and maintaining the city's credit rating. She encourages citizens to visit www.stlouismo.gov/comptroller to learn more about the Office of the Comptroller and its role in safeguarding the city's financial stability.

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Fitch's decision to upgrade St. Louis' IDR to 'AA' and Leasehold Revs to 'AA-' was based on a change in their criteria. This reflects positively on the city's financial standing and highlights its ability to weather economic challenges. The upgraded credit rating will also make it easier for St. Louis to secure favorable interest rates on future borrowing, ultimately benefiting taxpayers.

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