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. While water agencies in California lost approximately $1 billion in revenue, the District’s financial position is stronger than ever. 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.