AUSTIN, Texas–(BUSINESS WIRE)–Fitch Ratings has upgraded the following city of West Bountiful, Utah (the city) bonds: –$3.46 million water system revenue bonds, series 2009 to ‘AA-‘ from ‘A+’. The Rating Outlook is Stable. SECURITY The bonds are secured by net revenues of the city’s culinary water system (the system). Revenues include culinary water user fees, impact fees, and connection fees. KEY RATING DRIVERS UPGRADE DUE TO STRONG FINANCIAL METRICS: Financial metrics have rebounded and st
