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City Retains Highest Bond Credit Rating

Publish Date:09/04/2019 4:33 PM

Standard & Poor’s (S & P) has reaffirmed the City’s AAA bond rating for general obligation bonds and a rating of AA+ for special obligation bonds. Staff participated in a credit rating call with S & P in preparation for a new debt issuance. S & P has issued a rating report describing the aspects of the City which helped warrant the continued high rating such as the City’s strong economy, financial management and policies, budgetary performance and fund balances.

You can read the full report here