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Mayor Katrina Foley of Costa Mesa, Calif., seen here in a file photo, says she's proud the city was able to maintain its strong credit rating during a pandemic. Courtesy of Katrina Foley
Costa Mesa, California, received an impressive credit rating during the most recent fiscal year, despite challenges brought on by the ongoing COVID-19 pandemic.
The city received an AA+ rating from Standard and Poor’s (S&P) for the 2019–20 fiscal year, which ended June 30, for its 2017 Lions Park Project bonds.