Sarasota County maintains AA+ bond ratings

Sarasota County's bond ratings have been reaffirmed AA+ by Fitch Ratings and Standard and Poor’s Global Ratings. The ratings apply to Sarasota County’s capital improvement revenue bonds series 2024C and all outstanding capital improvement revenue bonds.

Proceeds from the $26 million capital improvement revenue bond 2024C will finance the acquisition, construction and equipping of a 32-acre regional fire training academy for Sarasota County. It will replace four current training locations that are spread across the county, according to a statement from Sarasota County.

“We are excited for this project and are dedicated to training firefighters to protect our community and provide a high level of service to our residents and visitors,” Emergency Services Director Rich Collins says in a statement. “We hope the training facility will become a destination training site for fire rescue agencies across the state.”