Menu
Washingtoner
  • Home
  • Boeing
  • Technology
  • Aerospace
  • Daryl Guberman
  • Health
  • Non-profit
  • Services
  • ANSI-ANAB
Washingtoner

Tacoma: Fitch Ratings Outlook Upgrade Reaffirms City’s Sustainable Fiscal Path
Washingtoner/10267690

Trending...
  • Instant IP Teams: Bringing Enterprise-Grade Collaboration to IP Protection at the Speed of Thought
  • Attorney Joseph C. Kreps Files Lawsuit to Stop Alabama State Board of Pharmacy's Unlawful "Revenue-First" Rulemaking
  • PlanetAI Nature Space (PNS), certificadora Europea, lanza su plataforma EUDR-PNS Ready basada en IA, satélites y trazabilidad blockchain
~ Tacoma, Washington - Fitch Ratings has recently announced an upgrade in its outlook for the City of Tacoma, from 'AA' to 'AA+'. This upgrade serves as a testament to the city's commitment towards maintaining a sustainable fiscal path. The upgraded rating places Tacoma just one notch below the highest possible rating of 'AAA'.

According to Fitch, this upgrade is a result of their assessment of the city's ongoing financial resilience and responsible management of reserves. This reaffirms their confidence in Tacoma's ability to handle its finances effectively.

Mayor Victoria Woodards expressed her pride in receiving this rating upgrade and credited it to the city's dedication towards enhancing its operating performance. She also assured that the city will continue to make responsible policy decisions to ensure its ongoing fiscal strength.

More on Washingtoner
  • Radarsign™ Awarded Sourcewell Contract Expanding Access to Traffic Safety Solutions
  • MainConcept and NETINT Bring VPU Acceleration to Easy Video API
  • City Of Spokane Partners With Meals On Wheels To Purchase Cooling Fans For Local Seniors, Residents With Disabilities
  • Larry R. Wasion's Jump Gate 2: Teleporter Expands the Time Travel Universe with High-Stakes Action and Ethical Dilemmas
  • Bruce A. Rosenblat Releases A Pocket Full of Change, a Sharp, Thought-Provoking Book on Growth, Perspective, and Personal Change

City Manager Elizabeth Pauli also acknowledged the efforts put in by the city staff in implementing sound budgetary controls and oversight. She further stated that they will continue to maintain their solid financial footing, reserves, and adhere to the city's financial policies.

Fitch has upgraded the City's $105.7 million limited tax general obligation (LTGO) bonds ranging from 2009 through 2017 from 'AA' to 'AA+'. Additionally, its $620,000 convention center and parking revenue bonds remain at 'A+'. This reaffirms Fitch's confidence in Tacoma's financial stability and responsible management practices.

The City of Tacoma remains committed to maintaining its upgraded rating and ensuring a sustainable fiscal path for years to come. With this positive outlook, it is evident that Tacoma is on track towards achieving its financial goals.

Filed Under: Government, City

Show All News | Disclaimer | Report Violation

0 Comments
1000 characters max.

Latest on Washingtoner
  • Pieter Bouterse Studio Founder to Retire After 40+ Years; Seeks Successor to Continue Legacy
  • #WeAreGreekWarriors Opening Reception Packs the House
  • Tacoma Police Department's CALEA Public Comment Portal
  • Mensa Brings National Board Game Competition to Northern Virginia April 16-19
  • Special Alert! Highly Undervalued Stock: $317M Revenue in 2025 for Telecom Leader IQSTEL, Inc. (N A S D A Q: IQST)
  • Igniting High-Growth Transformation With Launch of XMax AI Subsidiary, Leveraging Global Furniture Dominance to Enter Explosive AI Markets: XMax Inc
  • Acuvance Earns 2026 Great Place to Work® Certification
  • As Global Tensions Rise, Demand Grows for Private Spaces to Process Thoughts and Speak Freely Online
  • Two Porch Fires Displace Eleven Residents in Spokane
  • Cryptsoft demonstrates Hybrid-PQC Authentication Token use for quantum-safe systems and infrastructure
  • Expert Law Attorneys' Top Law Firms to Know: March 2026
  • Cinder Labs Launches AIRA Shield: Purpose-Built AI Security Platform to Combat Shadow AI
  • City of Tacoma to Host In-Person 'P&L Show & Tell' Financial Workshop for Small Businesses on April 21
  • City of Tacoma Implements Strategic Freeze on Hiring and Promotions
  • Spokane Police Officers Rescue Puppy After Thief Abandoned It
  • Green Office Partner Strengthens Global Operations with Mexico-Based DigitalVAAR Partnership
  • P-Wave Classics Announces the Publication of The Female Quixote, Volume I, by Charlotte Lennox
  • Everwild Music Festival Unveils 2026 Schedule: No Overlapping Sets, Longer Performances, and Epic Late-Night Sets!
  • Riggo Production Studio Launches Monthly Content Package for Growing Brands
  • Accelerating into Active Oil Production with over 100 Barrels per day now being produced as Dual-revenue engine begins Generating Cash Flow: $IBG
_catLbl0 _catLbl1

Popular on Washingtoner

  • Registered Nurse Launches Healthcare Wealth Strategy Practice for Healthcare Professionals - 352
  • New Book Warring From the Standpoint of the Throne Room Calls Believers to Pray From Victory
  • ANAB's Fraud Taints AS9100, ISO 9001, ISO 13485 Certs (2018-Present) – Stop Paying Registrars
  • Conexwest: Shipping Containers Are Powering the Next Generation of Bitcoin Mining Infrastructure
  • Spokane Teacher Arrested For Sex Crimes Against A Child
  • City of Spokane Prepared For Forecasted Winds
  • Pastor Saeed Abedini Releases THE TRUTH – Volume 1, A Deeply Personal Story of Faith, Struggle, and Redemption
  • Why Your Dental Practice Ranks on Google But Still Is Not Getting New Patients
  • Scotch Whisky Market Dislocation Creates Compelling Entry Opportunity for Long-Term Investors
  • Monexplora Explains the Options Mechanics Behind March's Tech Selloff and VIX Surge

Similar on Washingtoner

  • Tacoma: Lincoln Avenue Bridge to Close Saturday, April 18 for Asphalt Repairs
  • City of Tacoma Invites Community to Shape the Future of Their Neighborhoods at Upcoming Code Update Event
  • Radarsign™ Awarded Sourcewell Contract Expanding Access to Traffic Safety Solutions
  • City Of Spokane Partners With Meals On Wheels To Purchase Cooling Fans For Local Seniors, Residents With Disabilities
  • Spokane: City Council Hosts Community Day Celebrating Disability And Accessibility Community
  • Tacoma Police Department’s CALEA Public Comment Portal
  • Two Porch Fires Displace Eleven Residents in Spokane
  • City of Tacoma to Host In-Person ‘P&L Show & Tell’ Financial Workshop for Small Businesses on April 21
  • City of Tacoma Implements Strategic Freeze on Hiring and Promotions
  • Spokane Police Officers Rescue Puppy After Thief Abandoned It
Copyright © 2026 washingtoner.com | Terms of Service | Privacy Policy | Contact Us | Contribute