Fitch Ratings Reaffirms MNWD’s AAA Rating

On April 17, 2017, Fitch Ratings reaffirmed Moulton Niguel Water District’s AAA rating, which is the highest rating that can be achieved. This accomplishment is a result of having a healthy financial profile, providing affordable rates via MNWD’s water budget-based rate structure and maintaining favorable debt metrics, among other key rating drivers. This rating allows the District to continue to provide high-quality water services to over 170,000 residents in South Orange County. Additional details can be found in the press release from Fitch Ratings. Click here for more information.

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