Standard & Poor’s has reaffirmed San Antonio’s ‚ÄòAAA’ bond rating for the sixth year running.

San Antonio, TX, (pop. 1,436,697) is the only major city with a population of more than one million to have a ‚ÄòAAA’ bond rating from all three major rating agencies – Standard & Poor’s, Fitch, and Moody’s.

‚ÄòAAA’ is the highest credit rating an organization can receive. Governments with a AAA rating are able to borrow money (usually for investment in assets such as schools) at a significantly lower interest rate than what others pay.

San Antonio Mayor Julian Castro credited City Manager Sheryl Sculley and her staff for their sound fiscal management.

The bond rating reports cited San Antonio’s strong and vibrant economy; financial performance and position; strong financial management policies; two-year budget strategy; comprehensive long-term financial; and capital program.

Read news coverage here.

You can learn more about the city’s finances and budget on its website.

Meet the Manager

Sheryl L. Sculley

City Manager

Sheryl Sculley began serving as City Manager of San Antonio, Texas 9 years ago in November 2005. With 40 years in city management, Sculley is the Chief Executive Officer of the municipal corporation of 12,000 employees, an annual operating and capital budget of $2.4 billion, and a city population of 1.4 million residents. She received ICMA's Career Excellence Award in 2009. Sculley received her MPA from Western Michigan University.