The City of McAllen’s financial strength and stability have been affirmed by Fitch Ratings, which recently rated McAllen’s Issuer Default Rating (IDR) and its outstanding General Obligation (GO) bonds at a robust ‘AA+’ once again. The rating, one of the highest available, underscores McAllen’s resilient financial position, supported by sound fiscal management and a stable outlook for the city’s economy and operations.Fitch Ratings’ affirmation includes:· An Issuer Default Rating (IDR) of ‘AA+’ for the City of McAllen.· A rating of ‘AA+’ for approximately $86 million in outstanding General Obligation (GO) bonds.· A rating of ‘AA+’ for approximately $27.5 million in ...