March 21, 2018
Last week the city received notice that S&P Global Ratings revised the municipal rating of the city’s 2012 GO refunding bonds from AA- to AA. This was attributed to the strong economy of the city and also to the hard work of city employees, including strong management, good financial policies/practices, strong budget performance and flexibility, strong liquidity, and an overall very strong institutional framework score. On behalf of the city, I would like to express my appreciation for our employees whose hard work and dedication are reflected in these excellent ratings.
Mayor Jenney Rees