Tag: Standard & Poor
Moody’s Upgrades Annapolis’ Bond Rating
Annapolis Mayor Joshua J. Cohen announces that the first of the three rating agencies has released its bond rating and Moody’s Investors Service, Inc. assigned a rating of Aa3 with a positive outlook. “This positive outlook from Moody’s sends a welcome message to Annapolis taxpayers that the City has been successful at stabilizing our finances even in [...]
Bond Agencies Say Annapolis Is ‘Stable’
Mayor Joshua J. Cohen announced that all three of the major bond ratings agencies have released a stable outlook for $17.7 million of new general obligation bonds while also assigning the same rating and outlook to the City’s refunding authorization. The City is pursuing the authorization to take advantage of lower interest rates. Currently, the [...]
