Somerville achieves AAA Bond Rating for third consecutive year

The Somerville Times

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Somerville achieves AAA Bond Rating for third consecutive year

City Again Earns Highest Long-Term Debt Rating from S&P Global Ratings Mayor Katjana Ballantyne is proud to announce that for the third year in a row, the City of Somerville has received the highest possible long-term debt rating of ‘AAA’ from S&P Global Ratings. This rating reaffirms the City’s financial strength and ensures lower borrowing costs for critical infrastructure investments that benefit residents. “Securing a AAA bond rating for the…