S&P: unset Hills, MO Issuer Credit Rating And COP Rating Raised Five Notches On Better Financial Management Conditions
"The rating action reflects our view of the city's improved financial management conditions as determined by our Financial Management Assessment (FMA) methodology," said S&P Global Ratings credit analyst Sarah Smaardyk. "The rating action also reflects our view of the city's new financial leadership, which has led to more formalized financial management policies and practices and provided stability in its financial reporting," Ms. Smaardyk added.
The stable outlook reflects our view of the city's very strong reserves and management's ability to historically outperform its adopted budgets.
Комментарии