The City of San Antonio’s ‘AAA’ general obligation bond rating has been reaffirmed by Standard & Poor’s Rating Services under Standard & Poor's recently-revised rating criteria. The highest bond rating that any organization can achieve is a ‘AAA.’

“This is further evidence that San Antonio is a well-managed city on the rise with a low cost of doing business,” said Mayor Julián Castro. “I applaud City Manager Sculley and her staff for their sound fiscal management.”

“It is a tremendous achievement for our organization and a great success for our community. The ‘AAA’ is a very difficult credit rating to achieve and maintain,” said City Manager Sheryl Sculley. “Our high bond rating allows us to borrow at low interest rates for street improvements, reducing City expenses.”

San Antonio is the only major city with a population of more than one million to have a 'AAA' bond rating from all three major rating agencies - Standard & Poor's, Fitch, and Moody's.

For more information, please visit San Antonio's website.