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Posted on: April 16, 2018

Moody's Assigns a rating of Aa2 to the City of Cocoa

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The Aa2 issuer rating reflects the city's sizable and expanding tax base benefiting from proximity to Orlando (Aa1 stable) and Port Canaveral, very strong reserve and liquidity levels, weak socioeconomic indicators, and above average, albeit manageable debt and pension burdens.  

Read the press release from Moody's

Read the credit opinion from Moody's

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