Moody's Investor's Service said it downgraded to A1 from Aa3 $50.9 million in previously issued Reno, Nev., general obligation (limited tax) bonds, $23.5 million in GOLT/revenue bonds, $5.2 million in GOLT medium-term bonds, and $9.6 million of assessment bonds backed by the city's GOLT pledge.

Moody's has assigned an A1 rating to the city's general obligation (limited tax) capital improvement refunding bonds (additionally secured by pledged revenues) Series 2013A, general obligation (limited tax) medium term various purpose bonds Series 2013B, and general obligation (limited tax) building refunding bonds (additionally secured by pledged revenues) Series 2013C.

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