Fitch Ratings removed Sarasota (Fla.) County Public Hospital District from rating watch evolving and affirmed the "AA-" ratings on the hospital district's $78.9 million of series 2009A fixed-rate hospital revenue bonds.
The ratings agency also affirmed the "AA-" rating on the Sarasota (Fla.) County Hospital Board's $96 million of series 1998B fixed-rate hospital revenue refunding bonds.
The ratings affirmations are based on a variety of factors, including the hospital district's strong operations, ample liquidity reserves and limited taxing margin.
The outlook is stable.