AAA Bond Rating
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.
Summary of Current Ratings: | Moody's Investors Service | Standard & Poor's Ratings Services | Fitch Ratings |
---|---|---|---|
General Obligation (GO) | Aaa | AAA | AAA |
Municipal Property Corporation (MPC) | Aa1 | AAA | AA+ |
Water & Sewer Revenue (W&S) | Aaa | AAA | AAA |