Financial - Tampa Bay Water Blog
Archive by category: FinancialReturn
Tampa Bay Water received outstanding credit ratings for 2015. Fitch and Standard & Poor’s (S&P) confirmed the agency’s rating of AA+, and Moody’s upgraded the agency’s rating to AA1.
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Even the cheapest cup of coffee can’t compete with the cost of a fresh, clean glass of drinking water. That’s because the wholesale rate for water is $2.56 per 1000 gallons – that is just two-tenths of a cent for a gallon of high-quality drinking water. What a deal!
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For the fourth consecutive year, Tampa Bay Water’s board of directors approved a budget with no rate increase. The board approved the 2014-2015 budget at its June meeting.
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