Moody's, S&P affirm OKC's AAA bond rating

Published Tuesday, March 23, 2021
by Staff Reports

Moody’s Investors Service and S&P Global Ratings have each affirmed the City of Oklahoma City’s top-notch bond rating and stable long-term outlook.

Moody’s affirmed the City’s Aaa rating and stable outlook in a March 11 report, and S&P affirmed its AAA rating and stable outlook in a March 15 report. The triple-A ratings are the highest awarded by each agency. It’s the 11th year in a row OKC achieved the highest rating.

“It’s a true testament to the wisdom of the Mayor and City Council’s careful approach to financial management that the City maintained top credit ratings during the most challenging year in memory,” said City Manager Craig Freeman. “The ratings agencies recognize the strength of our financial management practices across the organization. We’re grateful that residents get the most out of every tax dollar they spend.”

The ratings are used to price bonds that the City sells to fund the bond package included in the Better Streets, Safer City infrastructure investment program.

The ratings keep Oklahoma City in an elite group of major American municipalities with the highest possible rating.

Visit our affiliate sites

Shop Oklahoma City Oklahoma City is one of only 14 American cities where the population grew by more than 100,000 between 2010 and 2020. Learn more about this impressive growth here.
Shop Oklahoma City New businesses, updated storefronts, fresh paint, innovative ideas, and positive momentum define NE 23rd street’s EastPoint redevelopment project.
Shop Oklahoma City Looks like we know where we want to spend the next Taco Tuesday! Chefs Eric Smith and Avery Cannon have reinterpreted American taco shop food the way only a team with their level of creativity could at Parlor OKC's newest kitchen, Disco Taco.
@okcretail The 17.4% leap in Oklahoma City’s population over the past decade proves the city is “doing things right,” Mayor David Holt said Monday. Learn more about the momentum and growth of our city here
@okcretail Several locally owned small businesses are singing the praises of a national lending program established in Oklahoma City. Learn more about Kiva Oklahoma City's positive impact here
@okcretail Oklahoma City is a great place for families, and people are noticing on a national scale. Check out this recent ranking of OKC as the top city for young families.
Welcome to OKC | Property Search | Success Stories | Districts - Regional | Districts - Neighborhood | News
maps | about us | contact us | sitemap