Evansville Sewer Bonds Yield High Rating

Published 08/06 2014 10:46PM

Updated 08/06 2014 10:47PM

Good financial news for the city of Evansville.

The water and sewer utility continues to receive strong ratings for sewer bonds.

Two national ratings agencies cited the city's strong economy diversified customer base and the ability to cover debt service costs.

The strong ratings basically means the city can borrow money at lower interest rates, which is vital as the city prepares to pay for that massive sewer overhaul plan mandated by the EPA.

Copyright 2017 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.