Bond & Rating Information

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As with a personal credit rating, the Town's credit rating is a statement of its overall fiscal health as a government and as a community.  The benefit of a strong credit rating is realized in lower interest costs on the Town's long-term debt issues.

The Town underwent an updated credit review in July 2022 in conjunction with the sale of a $60M bond.

 Current Credit Ratings:

  • AAA  Standard and Poor's (2022)
  • Aa1 Moody's (2022)

These ratings are excellent for a small community.  The ratings reflect the Town's commitment to both fiscal discipline as well as quality services.

Credit Ratings

 

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