Fitch Affirms Sarasota, FL’s GOs & IDR at ‘AA+’; Outlook Stable

NEW YORK–(BUSINESS WIRE)–Fitch Ratings has affirmed the following Sarasota, FL ratings: –Long-Term Issuer Default Rating (IDR) at ‘AA+’; –$35 million in general obligation bonds, series 2007 and series 2015 at ‘AA+’; –$7 million in sales tax payments revenue bonds (federally taxable – Build America Bonds – recovery zone economic development bonds – direct subsidy) series 2010 at ‘AA’. The Rating Outlook is Stable. SECURITY The GO bonds constitute a full faith and credit obligation of the c