City of Edmonds get coveted AAA long-term rating
Last updated 11/11/2021 at 1:24pm
On Oct. 28, Standard & Poor's Global Ratings assigned its coveted "AAA" long-term rating to the City of Edmonds. The international credit-ratings firm declared their outlook as "stable" for the Edmonds financial picture in assigning its triple-A rating for series 2021 limited tax general obligation bonds.
"Receiving the AAA rating shows our ongoing efforts of prudent budgeting by our finance department and the practices we follow to continue to enjoy financial stability and strength in our City," said Mayor Mike Nelson.
"I appreciate the hard work of our Finance Department under the di...