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Treasury management includes management of the City's cash resources, investments and debt.
The City obtains a credit rating from Moody's Investors Services, LLC and Standard and Poor when the City is looking to borrow long-term debt. The most recent Moody’s (Aa1) and Standard and Poor’s (AA+) report for General Obligation debt were received in June 2013. The City's bond rating was affirmed or maintained. The most recent Moody’s (Aa2) and Standard and Poor’s (AA) report for Revenue Bonds were received in December 2012 .
Moody’s and Standard and Poor’s bond rating indicates that issuers or issues demonstrate very strong creditworthiness relative to other US municipal or tax exempt issuers or issues.