Charlottesville retains top bond ratings
posted May 11 2012 1:27PM
CHARLOTTESVILLE, Va. (AP) - Charlottesville's decades-long streak of receiving top bond ratings for municipalities remains unbroken.
Standard & Poor's rated the city Aaa. Moody's gave the city its AAA rating.
City officials announced the latest bond ratings Thursday.
Charlottesville has received Standard & Poor's highest rating since 1964 and Moody's highest rating since 1973.
City manager Maurice Jones says Charlottesville is the only city in Virginia to receive the financial agencies' highest ratings for municipalities.