|CHELAN FIRE AND RESCUE
Chelan Fire and Rescue received an AA- Credit Rating from the National Rating Agency Standard and Poor’s.
So what does this mean? Let me try to explain. During the rating process, Chelan Fire and Rescue presented our plans to ensure the long-term financial stability of our organization to a credit rating agency. After the presentation is completed, the rating agency takes the financial, demographic and management information of Chelan Fire and Rescue and presents this information in detail to a committee of individuals. This group compares our financial and operating statistics as well as the rating analysts view of the management of the fire district and they award a credit rating. The award is communicated verbally to the bond underwriter and then to us, followed by a report which documents the credit rating agency’s rationale for awarding the rating.
Much like an individual seeking a mortgage loan, Chelan Fire and Rescue needs a credit rating to borrow money. But unlike individuals which are rated by credit scoring companies (Experian, Trans-Union, and Equifax), fire districts and other municipalities are rated by Standard and Poor’s, Moody’s Investors Service and Fitch Ratings Group.
A high credit score for individuals is 700 to 850 with the highest tier in the 760 to 850 range. For municipalities, the highest tier for credit ratings is in the AA- to AAA range. The District achieved an AA- which is precisely within the highest tier. This is particularly noteworthy because Chelan Fire and Rescue’s size is more typically rated in the “A” category which is the next tier level below the AA-/AAA range. This means the rating agency is telling investors that Chelan Fire and Rescue is a high performer in terms of ensuring the long-term financial stability of the District and they view the risk of default as very, very low. For this privilege, Chelan Fire and Rescue will receive the lowest interest rates on its financing.
A very important comment passed on from Standard and Poor’s, which was a driving factor to award the higher rating, was the excellent management of the district and the steps it has taken to improve the organization. This includes the implementation of a Long-Range Planning and the adoption of fiscal policies.
First Alarm - Chelan Fire and Rescue (CFR) responded to 13 emergency calls from 05/17/13 to 05/23/13, nine medical aid calls, one motor vehicle accident, two automatic fire alarms in commercial buildings and an out-door controlled burn. See below for significant calls this week: NONE
First Alarm - Chelan Fire and Rescue (CFR) responded to 14 emergency calls from 05/10/13 to 05/16/13, nine medical aid calls, one brush fire, one automatic fire alarm in commercial buildings, one automatic fire alarm in a residential building, one interface fire involving a residential building, commercial buildings and three out buildings and one public assistance call. See below for significant calls this week:
Brush Fire: 05/13/2013 around 1719 hours Rescue 71, Engine 71, Tender 71, Chief 702 responded to a report of a brush fire off Spader Bay Road. First unit to arrived on scene reported a wind driven fire moving up hill toward SR 150. Crews were able to rapidly contain the fire to about a 50 foot x 50 foot area and then extinguish it. Fire was started from sparks while cutting rebar at a construction project. Units form Chelan County Fire District 5 were enroute to assist, but were cancelled after the fire was contained. Medic 3171 responded and stood by to provide medical aid if needed. There were no injuries.
Public Assist: 05/12/2013 around 2005 hours Chelan County Sheriff Deputies requested Chelan Fire and Rescue to assist with helping a 9 year old down off his roof. Engine 71 responded to the request.
Interface Fire: 05/11/2013 around 1222 hours Rescue 71, Engine 74, Medic 3171 were dispatched to a tractor accident at SR 97 and SR 97A, enroute to the incident additional information from RiverCom 911 indicated this would be a lawn mower that had rolled over with the operator underneath it. First unit in the area saw a thermal column and called for a second alarm. The lawn mower had come off the top of a 200 foot hillside catching the grass and brush on fire as it rolled to the bottom. The lawn mower operator was able to escape the fire by crawling back up the hill and was later treated for his injuries and smoke inhalation. The fire rapidly spread back up the hill and to the north along the slope. A third and fourth alarm were requested as the fire spread to a house, winery warehouse and two outbuildings on top of the hill and one outbuilding on the bottom of the hill. Two other residential structures were not damaged by the fire. A total of eight acres burned before the fire was brought under control. 12 apparatus and 33 personnel responded form Chelan Fire and Rescue and an additional 17 apparatus staffed with 30 personnel responded from Chelan County Fire District 1, 5, 6, 8, Douglas County Fire District 1, 2, 4, Douglas/Okanogan County Fire District 15 and Lake Chelan EMS.
First Alarm - Chelan Fire and Rescue (CFR) responded to 21 emergency calls from 05/03/13 to 05/09/13, twelve medical aid calls, two motor vehicle accidents, two commercial vehicle fires, two power pole/transformer fires, one brush fire, two automatic fire alarms in commercial buildings. See below for significant calls this week:
Motor Vehicle Accident: 05/08/2013 around 1443 hours Rescue 71 responded with Orondo Fire Department to a single vehicle roll over resting on its roof in the area of Mile Post 232. First Unit on scene located one occupant of the vehicle that had self extricated. The patient was treated and transported by Medic 3171 to Lake Chelan Community Hospital. Orondo Fire Department released Rescue 71 to return in service while remaining on scene to provide traffic control until the vehicle was removed.
Brush Fire: 05/05/2013 around 1631 hours Rescue 71, Chief 701, Brush 74, Tender 71, Tender 72, Tender 74 responded to a controlled burn out of control in the area of 24800 SR 97. Engine 75 moved up from South Lakeshore and covered the city. First unit on scene found a brush fire along the riverfront that was burning in light to medium fuels and slow traveling. Personnel were able to contain the fire within 10 minutes and spent the next 50 minutes mopping up and overhauling hot spots.
Automatic Fire Alarm with a Fire Problem: 05/05/2013 around 1052 hours Engine 71 responded to an automatic fire alarm in a commercial building. Upon arrival there was no obvious fire problem. Engine 71’s crew checked the building with the business owner and located a light fixture that was shorting out and smoldering against the ceiling tile. The light fixture was disconnected removing the fire hazard.