Noblesville maintains AA-bond rating from Standard & Poor’s



Current in Noblesville

             In 2009, the City of Noblesville’s bond rating was upgraded to AA- by Standard and Poor’s (S&P) Ratings Services and the city has recently received notice that this rating has been maintained.   S&P is an independent financial services company that assigns credit ratings for the debt of public and private corporations.  Noblesville’s AA- rating is an indication of the city’s fiscal stability. 

S&P evaluated a variety of factors in order to determine the City of Noblesville’s rating.  The higher the rating, the lower the interest rate becomes on city debt.  Two factors cited by S&P in supporting the City of Noblesville’s high rating were the city’s “strong income levels” and “extremely strong wealth levels” as well as the city’s “good financial management practices.”

            “We are pleased to continue this excellent rating from S&P, especially during these difficult economic times.  Our duty to the citizens of Noblesville is to provide strong fiscal responsibility and this rating illustrates our success in providing just that,” said Mayor John Ditslear.

Current Morning Briefing Logo

Stay CURRENT with our daily newsletter (M-F) and breaking news alerts delivered to your inbox for free!

Select list(s) to subscribe to

By submitting this form, you are consenting to receive marketing emails from: Current Publishing, 30 S. Range Line Road, Carmel, IN, 46032, You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact