AAA bond ratings

Scottsdale General Obligation bonds continue to maintain the highest possible rating from the three major national bond rating agencies, Standard & Poor’s, Fitch Ratings and Moody’s Investors Services, reaffirming their confidence in the city’s financial management and its economic outlook. Scottsdale is one of a select number of municipalities achieving top ratings from all three.

High bond ratings mean the city is able to sell General Obligation bonds to finance voter-approved capital projects, including new parks, libraries, pools and roads, at lower interest rates. The ratings also increase the value of existing General Obligation bonds for investors.