The City of Elmhurst has received the AAA rating from Standard and Poor's Global Ratings for the 6th year in a row. S&P affirmed its AAA rating to the city's existing GO bonds.
The AAA rating is the highest rating assigned to a governmental organization by S&P and reflects the City's strong economy, powerful budgetary flexibility and performance, and strong liquidity position and management.
The AAA rating is very significant to its ability to both issue new bonds and refinance existing debt at the lowest possible interest rates. In Illinois, only about 30 of 310 rated municipalities have a AAA rating. For more information, visit www.elmhurst.org.