Moody's Investors Service said it has upgraded to Aa2 from Aa3 the rating on the charter township of Green Oak, Mich.'s outstanding general obligation limited tax debt and assigned the Aa2 rating to the township's $14.5 million capital improvement bonds, Series 2013.
Green Oak, Mich., Upgraded to Aa2 by Moody's
FEB 22, 2013 8:37am 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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