ØAll debt
for the City is administered by the Administrative and
Financial Services Division
Ø
Ratings from Moody’s Investors Services:
o
Wastewater Revenue Bonds (2000) rating A3
o
Water Supply Revenue Bonds (1998) rating A3
o
General Obligation Unlimited Tax Obligation
rating A1 (upgraded from A2 in August, 2001 and confirmed in
December, 2004)
o
General Obligation Limited Tax Obligation
rating A1 (upgraded from A2 in August, 2001 and confirmed in
December 2004)
Ø
Ratings from Standard and Poor’s:
o
Wastewater Revenue Bonds (2000) rating A-
o
Water Supply Revenue Bonds (1998) rating BBB+
o
General Obligation Unlimited Tax Obligation
rating A+ (upgraded from A in August, 2001)
o
General Obligation Limited Tax Obligation
rating A+ (upgraded from A in August, 2001)
Ø
Outstanding Debt Schedule
