Governor Brown Issues Statement on Standard & Poor's Rating for California's Upcoming Sale of Revenue Anticipation Notes


9-1-2011

SACRAMENTO – Governor Edmund G. Brown Jr. today issued the following statement regarding Standard & Poor's rating for California’s upcoming sale of Revenue Anticipation Notes.

"Today, Standard & Poor’s assigned its highest possible rating to California’s upcoming sale of Revenue Anticipation Notes. This is a strong indication that our state’s finances are on the right track. Despite the uncertain economy, I intend to do everything possible to keep state revenues and spending in balance."

###