Thursday, May 21, 2015

City Achieves Highest Credit Rating Possible


Long time no blog....;-)

To me, the most important aspect of this is a bit buried in the release, so I highlighted it in yellow. It's going to save us, the taxpayers, money when we need to borrow.  And like any properly functioning business, a municipality will need to borrow from time to time for capital projects.

Here's a primer on Municipal Credit Ratings from Governing Magazine: http://www.governing.com/finance101/gov-basics-muni-credit-ratings.html

City Achieves Highest Credit Rating Possible

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