Senator Watson Shares Tennessee’s Success Story With Nation’s Top Credit Rating Agencies

Wednesday, October 10, 2018

Senate Finance, Ways and Means Committee Chairman Bo Watson said on Wednesday that he thinks Tennessee made a very strong case to continue to garner the highest AAA rankings from all three of the nation’s top credit rating agencies. Senator Watson joined Governor Bill Haslam, Comptroller Justin P. Wilson, Deputy Comptroller Jason Mumpower, Tennessee Finance and Administration Commissioner Larry Martin, Secretary of State Tre Hargett and Treasurer David H. Lillard in meetings with the agencies this week in New York City.  The group talked about Tennessee’s success as they made the case for the state to keep its AAA-rated excellent bond ratings.

“We presented a great financial story that I am optimistic will keep our top credit rating,” Senator Watson said.  “We have been very conservative and responsible in our budget practices.  Our pension plans are among the best funded in the nation, we have the lowest debt ratio of any state, and our reserves are at the highest level in state history.  In addition, we have a very robust economy and low unemployment rate which is further strengthened by smart investments by the state in education, technology and infrastructure.”

Tennessee has been rated AAA by Fitch Ratings, Moody’s Investor Services, and  Standard and Poor’s since 2016.  Watson said this is a reflection of the extremely strong confidence the rating agencies have in the state’s capacity to meet its financial commitments.



NRC Schedules Open House To Discuss Watts Bar Nuclear Power Plant Performance

Application Open For 2019 Department Of Public Works Summer Program

New Hamilton County Business Licenses


The Nuclear Regulatory Commission staff has scheduled an open house for May 9 to provide information and answer questions regarding the safety performance of the Watts Bar nuclear power plant, ... (click for more)

The City of Chattanooga Department of Public Works announces the applications for the Public Works Summer Program are open now through Monday, April 29. The Public Works Summer Program provides ... (click for more)

Here are the new business licenses from the County Clerk's office: 1ST CLASS FLOORING LLC ANTHONY VECCHIO 4 FLOORING CONTRACTOR 705 MCCARTER RD LAFAYETTE GA 30728 A-Z INVESTMENTS,LLC ... (click for more)


Business

NRC Schedules Open House To Discuss Watts Bar Nuclear Power Plant Performance

The Nuclear Regulatory Commission staff has scheduled an open house for May 9 to provide information and answer questions regarding the safety performance of the Watts Bar nuclear power plant, including the recent annual assessment letter covering all of 2018. The open house will run from 5-6 p.m. in the Spring City Municipal Building, 229 Front St., Spring City, Tn. NRC employees ... (click for more)

Application Open For 2019 Department Of Public Works Summer Program

The City of Chattanooga Department of Public Works announces the applications for the Public Works Summer Program are open now through Monday, April 29. The Public Works Summer Program provides employment opportunities for area high school seniors and recent high school graduates (within three years) who are interested in learning trades and gaining experience during the summer ... (click for more)

Breaking News

SoCon Freshman Of The Year Who Left UTC Will Play For TCU

Kevin Easley, who announced he was leaving UTC after being named the Southern Conference Freshman of the Year, said he will be transferring to Texas Christian University. Easley will be eligible to play in the 2020-2021 season. He made the announcement on his personal Twitter account. Easley, at 6'6" and 223 pounds, was the first Chattanooga men's basketball student-athlete ... (click for more)

Dalton Police Department Seeks Suspects In Car Break-Ins

The Dalton Police Department is seeking help from the public to identify two men who broke into three vehicles parked at the Planet Fitness gym on Walnut Avenue. There have been several car break-ins in this parking lot over the past year because people using the gym often leave valuables inside of their cars instead of taking them inside. The suspects in these three break-ins ... (click for more)

Opinion

Why Does Walden Need A Large Grocery Store? - And Response (2)

The town of Walden has a population of 2,118 people. What do those citizens need with a 49,000 square foot grocery store? Or with 10,000 square feet of commercial office space? Or a fuel island? Or increased tractor trailer traffic with proportional damage to the road up and down the mountain? Or multiple traffic lights at the “W” Road intersection and at Timesville Road? When ... (click for more)

Roy Exum: This Ain’t Gonna’ Work

When Governor Bill Lee talks about education, or the lack of it, I’ll listen. He’s the guy who, when he found his newly-hired employees were wanting, his thriving Lee Company in Nashville started its own vocational school and paid them to learn. The investment was brilliant and the outcome obvious. But now comes the bigger gamble, vouchers for some and, for others, charter schools ... (click for more)