Moody’s lowers credit rating for Yachats fire district bonds, citing weak governance and poor financial management
By QUINTON SMITH/YachatsNews.com YACHATS – A worldwide financial services company has downgraded the Yachats Rural Fire Protection District’s bond credit rating, citing its weak governance and poor budget management. The downgraded rating by Moody’s Investors Service has no immediate effect on the fire district’s $7.4 million in bonds passed by voters in 2017 to build a new main

















