All three national bond rating agencies recently affirmed Hilton Head Island's bond ratings and rating outlook, the town reported Friday.
Moody's rated the town Aaa, and Fitch Ratings and Standard & Poor's issued AA ratings.
The ratings affirmation applies overall to the town's general obligation bonds and upcoming general obligation refunding bonds.
Town manager Steve Riley said recent improvements in tourism-based revenues and efforts to create savings on planned expenditures during the economic downturn were contributing factors to the strong bond ratings.
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"Realizing these savings is important to the Capital Improvement Program as the town seeks to reinvigorate the local economy and encourage redevelopment," Mayor Drew Laughlin said.