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Fitch Affirms Orlando, FL's State Sales Tax Payments Bonds at 'AA+'; Outlook Stable

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed its rating on the following Orlando, Florida (the city) revenue bonds: --$27.3 million state sales tax payments revenue bonds at 'AA+'. In addition, Fitch affirms the city's implied unlimited tax general obligation (ULTGO) rating at 'AAA'. The Rating Outlook is Stable. SECURITY The bonds are payable from an annual $2 million statutory distribution to the city of sales taxes from the state's 6% sales tax for the purpose of maintaining a profe

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