AUSTIN, Texas--(BUSINESS WIRE)--Fitch Ratings takes the following rating action on Queen Creek, AZ's outstanding debt: --$23.2 million excise tax and state shared revenue obligations, series 2007 affirmed at 'A+'; --$44.2 million improvement district no. 1 improvement bonds affirmed at 'A-'. Additionally, Fitch affirms the town's implied unlimited tax general obligations (GO) at 'A+'. The Rating Outlook is revised to Positive from Stable. SECURITY The excise tax and state shared revenue obligat


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