SA retains top bond rating despite concerns over potential charter changes


San Antonio received a AAA general obligation bond rating from all three major bond-rating agencies. In doing so, it remains the only major city with a population in excess of a million people to secure such a rating from Standard & Poor’s, Fitch and Moody’s.

The AAA bond rating enables the city to pay the lowest interest rates when borrowing funds. That frees up more funding for critical municipal infrastructure projects. City Manager Sheryl Sculley said it’s a significant accomplishment…

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