🌿 Environment 4d ago · Vicky Uhland

Utility costs could put pressure on cities’ finances, S&P experts warn

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Utility costs could put pressure on cities’ finances, S&P experts warn
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Rates are high compared to household income in many places, and over time, this could reduce flexibility for public finance entities, say S&P Global analysts. This isn’t currently leading to significant bond rating actions, but it’s a “simmering risk.”

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