Moody's affirms Aa3 on San Bernardino Co. Flood Control District, CA's Judgment Obligation Bonds
New York, November 10, 2016-- Summary Rating Rationale. Moody's Investors Service has affirmed the Aa3 rating on the San Bernardino County Flood Control District's Judgment Obligation Bonds, Series 2008; Judgment Obligation Bonds, Series 2008; and Refunding Bonds, Series 2007. Approximately $97.2 million in debt has been affected by this rating action. The Aa3 rating is two notches lower than Moody's internal assessment of the district's hypothetical general obligation...
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