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Posted on: April 12, 2018

Town Receives Upgraded Credit Rating

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Standard & Poor’s (S&P), the world’s leading provider of credit ratings, announced it raised the Town’s underlying rating from A+ to AA. Following an audit of the Town’s water and wastewater operations, S&P upgraded the Town’s rating to “reflect the combination of a very strong enterprise and financial risk profile.” The improved credit rating is attributed to good operational management practices and policies, low-risk operations that provide ample water and wastewater services, and strong financial practices that allow the Town to provide essential water utilities at an affordable service rate. A copy of the complete rating report can be located on S&P’s website at or visiting

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