ALAMEDA CTC RECEIVES AAA RATINGS IN SAN FRANCISCO BAY AREA
The Alameda CTC (County Transportation Commission) services agency in East Bay receives AAA ratings for sales tax revenue bonds. The Alameda CTC agency received thereby AAA ratings from Fitch Ratings as well as S&P Global Ratings regarding local sales tax initiatives. These tax bonding ratings will allow Alameda CTC to provide capital projects aligned with 2014 Transportation Expenditure Plan more effectively. It will help Alameda CTC expedite therein process for local roadway and highway projects in the Bay Area, and construction on roads and highways for safety reasoning.