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The original item was published from 10/21/2019 10:41:53 AM to 10/21/2019 11:26:54 AM.

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Posted on: October 21, 2019

[ARCHIVED] City Retains Excellent Bond Ratings

credit rating

The City of League City recently underwent bond rating meetings with both Moody’s Investor Service and S&P Global Ratings. The City retained excellent bond ratings from both agencies. S&P Global assigned a rating of AA+ and Moody’s assigned a rating of Aa1. The agencies credited the City’s strong management and financial policies for the high ratings, along with the City’s exceptional planning and conservative budgeting practices. These high ratings will help keep interest rates low as League City issue bonds for upcoming voter approved drainage and roadway projects.

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