Items tagged: bond rating

City of Champaign’s Excellent AAA Debt Rating is Affirmed

The City of Champaign has once again received the highest rating possible from two financial industry leaders.  In its most recent report, Fitch Ratings affirmed the City’s AAA bond rating, with a stable outlook.  The City’s debt also carries a triple-A rating with a stable outlook from Moody’s Investors Services.  This is the fifth consecutive […]


City of Champaign Bond Refinancing

The City of Champaign saved a total of $526,066.67 over the next thirteen years by refinancing a portion of the bonds issued in 2008 to finance the construction of the downtown parking deck. This is the fourth time that the City has refinanced debt in the past five years. The City’s high credit rating helped it achieve a […]