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Standard & Poors downgrades Oxnard (again)

Standard & Poors downgrades Oxnard (again)

By George Miller Rating agency Standard & Poors downgraded Oxnard’s General Fund from A to A-. They cited a number of factors which impelled them to do this, but also pointed out some positive developments. Part of S&P summary: S&P Global Ratings lowered its long-term rating to ‘A-‘ from ‘A’ on the Oxnard Financing Authority, […]