May 2014
Note: This entry was last modified on April 24, 2014: 4:35 pm and may be out of date.
Headline Stories
City Receives Upgrade in Bond Ratings
Standard and Poor’s, one of the nation’s leading bond rating agencies, raised its long-term and underlying ratings on the City’s existing General Obligation (GO) debt and Certificates of Obligation (CO)to “AA+” from “AA” in March. GO and CO bonds are tools that cities generally employ to obtain funding for capital projects.
