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City News

Posted on: August 10, 2018

City of Indianola's New Credit Rating

Project Updates

Earlier today the City received notice that, following a recent bond rating surveillance call with Moody’s, our credit rating has been upgraded from Aa3 to Aa2. The is very positive news for the City and is a result of positive actions taken related to the City’s budget and financial performance over the last few years. As a result of this upgrade, if/when borrowing for infrastructure needs occurs, the upgrade means better interest rates which translates to additional savings to the City and its citizens.

For the full report, click here: Credit-Opinion-08-09-2018 

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