Moody's Investors Services said it has downgraded the city of St. George, Utah's general obligation rating to Aa3 from Aa2.

The Aa3 rating primarily reflects the city's large tax base, its position as a regional economic center, and its steady general fund performance, which is bolstered by sound levels of unrestricted liquidity in the capital projects and economic development funds.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.