(Dublin, OH) – The City of Dublin has earned the highest possible ratings on its General Obligation Bonds from two of the nation’s top credit rating organizations.
Moody’s Investors Service assigned the City an Aaa rating, which Dublin has held since 2004, and Fitch Ratings assigned an AAA rating, which the City has held since 2001.
Both agencies recognized the City’s conservative budgeting and financial management policies as hallmarks of Dublin’s financial stability.
Bond ratings are an essential component used to determine an entity’s creditworthiness. These high ratings will ensure that the City pays the lowest borrowing costs possible in future investments.
Dublin City Council Member Greg Peterson – Monday, September 21, 2015
“The City’s conservative budgeting and adherence to prudent fund balance policies have resulted in substantial reserves and ample financial flexibility.” – excerpt from Fitch Ratings report.
Moody’s Assigns Aaa Rating to Dublin, Ohio
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Media contact:
Lindsay Weisenauer
Senior Public Information Officer
Cell 614.410.4504 – Desk 614.704.9742
lweisenauer@dublin.oh.us
Newsroom: https://dublinohiousa.gov/newsroom