Special to the AdvanceMcALLEN — The McAllen Public Utility (MPU) recently went before Fitch Ratings for review on its bond series, affirming the system’s rating of ‘AA+,’ viewing “the outlook for this rating as stable.” The bonds, set for $22.3 million, are for outstanding waterworks and sewer system revenue bonds series 2015 and 2016. In addition, Fitch has assessed the Stand-alone Credit Profile (SCP) of the city at ‘aa+.’ MPU first received the ‘AA+’ rating in 2021.“This rating reflects the strength and diversity of our economy here in McAllen, which the analysis highlighted, ” said Charles Amos, Chairman, MPU Board ...