Credit rating agency Fitch Ratings issued a report last month, warning that it may downgrade the credit scores of metro Atlanta governments if a federal court does not side with Georgia on access to drinking water from Lake Lanier. On June 28, the 11th Circuit Court of Appeals panel did side with Atlanta, and gave the Army Corps of Engineers one year to determine water allocations from the lake.
In 2009, U.S. District Judge Paul Magnuson ruled that the metro area did not have legal authority to continue to withdraw water at current levels from Lanier. The judge set a July 2012 deadline for Georgia to settle the issue or lose substantial access to the lake. That deadline is no longer in effect.
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