Moody's Investors Service said it has upgraded the city of Wenatchee, Washington's unlimited tax general obligation rating to Ba1 from Ba2 and its limited tax rating to B1 from B2. At this time, Moody's also has downgraded the city's senior lien combined water and sewer enterprise revenue rating to Baa1...
Wenatchee, Wash., Ratings Changed by Moody's
JAN 24, 2013 7:42am ET
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Land isn't the only thing drying up in California, as the drought's economic impacts are dangerously closing in on the state's financial resources.
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