City of Windsor Issued Stable Credit Rating

The City of Windsor has received a financial rating of AA from Standard and Poor's Rating Services.

The rating means Windsor's credit is currently 'stable.'

The report states "the city has prudent and long-term financial policies in place and a highly experienced management team to execute them."

The report goes on to say “in the next two years, Windsor’s tax-supported debt burden will continue to decline and that liquidity will remain exceptional."

According to the report, the ratings reflect the assessment of the city's low debt burden, strong budgetary performance and strong financial management.