Despite the COVID-19 pandemic’s negative impacts on the broader national economy, Texas has again received the highest credit ratings for its Texas Tax and Revenue Anticipation Notes (TRAN), which will allow the state to manage cash-flow needs for fiscal 2021. “I am proud that our state once again has received the highest short-term credit ratings on these notes, which will help keep Texas’ borrowing costs low and save taxpayer dollars as we manage our cash […]
Texas Comptroller Glenn Hegar Announces Highest Ratings for Texas Short-Term Notes
Texas Comptroller Glenn Hegar Announces Highest Ratings for Texas Short-Term Notes
(AUSTIN) — Texas repeated its high credit ratings for this year’s Texas Tax and Revenue Anticipation Notes (TRAN), which will allow the state to manage its cash-flow needs for fiscal 2020. “Texas has once again received the highest short-term credit ratings on these one-year notes,” Texas Comptroller Glenn Hegar said. “These high ratings, coupled with the maintenance of our AAA long-term ratings, help keep Texas’ borrowing costs low and save taxpayer dollars as we manage our […]
Texas Comptroller Glenn Hegar Announces Highest Ratings for Texas Short-Term Notes
(AUSTIN) — Texas has once again received the highest credit ratings for this year’s Texas Tax and Revenue Anticipation Notes (TRAN), which will allow the state to manage cash-flow needs for fiscal 2019. “I am proud that once again Texas has received the highest short-term credit ratings on these notes,” Texas Comptroller Glenn Hegar said. “Additionally, the ratings agencies maintain Texas’ AAA long-term credit ratings, reflecting the highest possible level of creditworthiness. Our diversified economy, rising […]
Texas Comptroller Glenn Hegar Announces Highest Ratings for Texas Short-Term Notes
(AUSTIN) — Wall Street credit ratings firms have given their highest ratings to this year’s Texas Tax and Revenue Anticipation Notes (TRANs), which will allow the state to manage cash-flow needs for fiscal 2018. “Texas received the highest short-term credit ratings on the TRAN,” Texas Comptroller Glenn Hegar said. “I am proud that Texas also maintains its historic AAA long-term credit ratings from all four major ratings agencies, primarily because of flexibility in the state’s budgeting […]