Town's 'AAA' Credit Rating Affirmed

Standard and Poor's Rating Services has affirmed the Town of Windsor's 'AAA' rating, making Windsor just one of 24 municipalities in the state that has a 'AAA' credit rating. Standard & Poor's credit report states the long-term rating reflects the towns:

• Location near and access to large employment centers in CT
• Very strong income levels and extremely strong per capita market value
• Favorable operating results, very strong financial reserves, and strong management policies and practices
• Low to moderate debt burden

Standard & Poor's also assigned a stable outlook which reflects their expectation that we will maintain strong to very strong reserves and a stable property tax base. They also noted strong wealth and income levels will continue to provide for stable property taxes.

Connecticut Cities and Towns - Bond Rating Analysis

Data received from CCM lists 188 cities, towns and regional school district, and provides bond ratings for 158 of them

24 of the 158 on the list have a AAA rating from either S & P, Moody's or Fitch, or some combination of the three:

To read the three page report click here.

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