Peoria
Receives Strong Bond Rating
The city of
Peoria has received a strong bond rating – the city earned a AA+ rating and
stable outlook for general obligation bonds, municipal development authority revenue
bonds and, and AA for the water and wastewater revenue bonds from Fitch
Ratings. “We are pleased that Fitch Ratings has recognized the city’s
responsible fiscal planning and financial practices. These rating play a
significant role in the current and future investment strategies, and its
positions the city to capitalize on projects in coming years” said Carl
Swenson, Peoria City Manager. These rating are extremely important for Peoria
because each upgrade can lead to savings in debt service when the city issues
debt to finance larger projects. If you would like to read the full article,
please click below:
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CardinaleWay Mazda Peoria
8424 West Bell Road
Peoria, Arizona 85382
Phone: 888.995.9135
