Fitch Rates Norwalk, CT's GO Bonds 'AAA'; Outlook Stable

Fitch Ratings takes the following rating action on the city of Norwalk, CT's general obligation bonds: STRONG FINANCIAL MANAGEMENT: Financial flexibility continues to be ample with satisfactory fund balance levels as a result of conservative budgeting practices and steady tax rate increases.



via Norwalk Newswire http://www.businesswire.com/portal/site/topix/index.jsp?ndmViewId=news_view&newsId=20140728006203&newsLang=en&ndmConfigId=1000639&vnsId=41