South Ogden City just received notice that our bond rating with Fitch Ratings has stayed at an "A+". The notice also said that the financial outlook for the city is stable.
The reason for this review is to assure that South Ogden municipal bonds continue to be a sound investment. While an "A+" is lower that a "AAA", which is the highest rating, it is very uncommon for a city our size to even reach even a "AA" status.
Overall this is very good news for the City that we continue to be financially stable during these tough economic times.
skip to main |
skip to sidebar
This blog has been set up to inform the public of the latest happenings at South Ogden City. If you have any questions of comments in order in enhance the quality of the blog please email City Manager Scott Darrington at southogdencity@gmail.com.
About Me
- City Manager's Blog
- Scott Darrington is the City Manager of South Ogden, Utah. He serves at the will of the Mayor and City Council. You can email him at southogdencity@gmail.com.