Metro Water Tucson
Tucson, AZ 85704
Metro Water District in Tucson, Arizona, is a municipal water supplier with a municipal bond rating of AA- from Fitch, reflecting a stable outlook. However, the district faces financial challenges, including elevated debt burdens and high rates relative to median household income, which may limit future rate flexibility.
The district's financial performance has been impacted by the acquisition of neighboring systems and undisclosed legal costs, raising concerns about fiscal stability and transparency. As a result, upcoming projects may experience delays due to this excessive debt burden and ongoing legal issues.
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