NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the following Sarasota, FL (the city) revenue bonds: --$55 million in outstanding water and sewer revenue bonds at 'AA. The Rating Outlook is Stable. SECURITY The bonds are secured by a senior lien pledge of the net revenues of the city's water and sewer system (the system). KEY RATING DRIVERS STRONG FINANCIAL PROFILE: Finances are strong with healthy debt service coverage (DSC) in each of the past three fiscal years. A scheduled decline in
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