Moulton Niguel Water District has once again secured the highest possible credit rating from two of the world’s leading credit rating agencies.
Fitch Ratings and S&P Global Ratings have reaffirmed their highest possible AAA-credit rating for Moulton Niguel Water District, based on the District’s strong financial record, affordable rates, and responsible financial management.
The AAA credit rating is the gold standard for strong financial management and responsible long-term planning. With this credit rating, we can help our customers save money by lowering our borrowing costs for major infrastructure projects.
S&P Global highlighted the District’s “robust and well-embedded policies and practices” as well as its “ongoing operational and financial practices, which we view as exceptional.” Fitch Ratings praised Moulton Niguel for its “exceptionally strong financial profile.”