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Statement from Florida’s Chief Financial Officer Tom Gallagher regarding Moody’s Investor Service Boosting Florida’s Bond Rating

1/13/2005

CONTACT:
Tami Torres (850) 413-2842 
Bob Lotane  (850) 413-2842
      
This is great news that reflects well on the hard work of Gov. Bush and the Legislature to create an economy in Florida that is amongst the best in the nation.  But more importantly it is great news for Floridians who work so hard to make this state strong and vibrant. 
 
This higher rating will save us millions and allow us to continue efforts to reduce the tax burden on our citizens, while still providing necessary services and improving our infrastructure.
 
We are now one of only 11 states to have this level of bond rating and only seven have the next and highest rating.  While we are proud of this accomplishment, we are not satisfied and will work to make Florida the eighth state in the top tier.