City Credit Rating

The city was awarded an AAA credit rating from Standard & Poor's, a global financial services and ratings agency. This is the highest credit rating the city can achieve.

As a result of this credit rating, the city will get the best possible interest rate when it needs to borrow for city infrastructure and facility projects. 

This achievement is due to a number of factors:

  • Strong economic growth in our community, with per capita incomes and property values increasing
  • Very strong cash and reserves that allow the city to weather the unexpected
  • Financial policies and practices, such as our financial management plan, that chart a course for our financial future
  • Comparatively low debt for a city our size

To learn more about city finance visit our Finance Department's main webpage