SACRAMENTO, Calif. /California Newswire/ — Governor Edmund G. Brown Jr. on Thursday issued the following statement regarding Standard & Poor’s rating for California’s upcoming sale of Revenue Anticipation Notes.
“Today, Standard & Poor’s assigned its highest possible rating to California’s upcoming sale of Revenue Anticipation Notes. This is a strong indication that our state’s finances are on the right track. Despite the uncertain economy, I intend to do everything possible to keep state revenues and spending in balance.”