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Upgraded Bond Ratings Reflect Stable Economy in Gilbert

Post Date:08/13/2014 3:57 PM
Standard and Poors logoGilbert, Ariz. - Standard & Poor’s Ratings Services recently announced that it is raising its long-term rating and underlying rating (SPUR) on Gilbert, Arizona’s general obligation (GO) bonds from an ‘AA’ to an ‘AA+’ and it’s community’s improvement district bonds to an ‘A+’ from ‘A’. The report details that the upgraded ratings reflect their assessment of Gilbert’s strong local economy, management conditions, and financial and budgetary practices. 
 
“Gilbert is a beautiful, thriving community. This is great reflection of all of the amazing accomplishments the community and its government continue to achieve,” says Budget Director, Dawn Buckland.
 
To view the full report, click here.
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