Saint Paul Sanitary Sewer Utility's Path to AAA from BBB: 'Lower Cost Financing Yielding More Money for Projects'
Abstract:The ability to fund infrastructure needs and determine user rates is in large part driven by the financing costs. Financing costs can be significantly reduced by achieving higher credit ratings. This session will explore the factors and strategies to obtain higher credit ratings. The session will show techniques to position utility management, financial position and customer base to the credit rating agencies. A case study of the City of Saint Paul's Sanitary Sewer Revenue Bond credit rating moving from the lowest investment grade level of BBB to one of only eight utilities nationally with the highest possible rating of AAA will illustrate applications of these techniques.
Document Type: Research Article
Publication date: 2007-10-01
More about this publication?
- Proceedings of the Water Environment Federation is an archive of papers published in the proceedings of the annual Water Environment Federation® Technical Exhibition and Conference (WEFTEC® ) and specialty conferences held since the year 2000. These proceedings are not peer reviewed. A subscription to the Proceedings of the Water Environment Federation includes access to most papers presented at the annual WEF Technical Exhibition and Conference (WEFTEC) and other conferences held since 2000. Subscription access begins 12 months after the event and is valid for 12 months from month of purchase. A subscription to the Proceedings of the Water Environment Federation is included in Water Environment Federation (WEF) membership.
WEF Members: Sign in (right panel) with your IngentaConnect user name and password to receive complimentary access. Access begins 12 months after the conference or event
- Subscribe to this Title
- Membership Information
- About WEF Proceedings
- WEFTEC Conference Information
- Learn about the many other WEF member benefits and join today
- Ingenta Connect is not responsible for the content or availability of external websites