City of Mt. Pleasant Home

Debt Administration

All debt for the City is administered by the Administrative and Financial Services Division. Ratings are obtained when bonds are issued or if the national rating agency performs a review of the outstanding debt.

The following shows the most current ratings on outstanding debt. The review date is shown in parenthesis.

Ratings from Standard and Poor's:

  • Water Supply Revenue Bonds (2009) rating A+
  • General Obligation Unlimited Tax Obligation (2010) rating AA-
  • General Obligation Limited Tax Obligation (2010) rating AA-

Ratings from Moody's Investors Services:

  • Water Supply Revenue Bonds (2007) rating A3
  • General Obligation Unlimited Tax Obligation (2007) rating A1
  • General Obligation Limited Tax Obligation (2007) rating A1

Outstanding Debt Schedule (PDF)

Continuing Disclosure December 31, 2015