CITY OF MEADOWS PLACE EDC

News & Press

Moody’s Report Rates Meadows Place

Moody’s Investors Service, often referred to as Moody’s, is the bond credit rating business of Moody’s Corporation, representing the company’s traditional line of business and its historical name. Moody’s Investors Service provides international financial research on bonds issued by commercial and government entities. 

Among other items, Moody’s reported:   The city (Meadows Place) has a robust financial position, which is a strength in relation to the
assigned rating of Aa3. Meadows Place’s fund balance as a percent of operating revenues
(81.4%) is far stronger than the US median, and increased from 2012 to 2016. Additionally,
the cash balance as a percent of operating revenues (88.4%) is far superior to the US median

To check the whole report, which also include several charts and graphs which show Meadows Place in a very favorable light. 

http://cityofmeadowsplace.org/wp-content/uploads/Meadows-Place-Moodys-Report-Jan-2018.pdf

 

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About Meadows Place Economic Development

Meadows Place Economic Development Corporation was created to support the development, expansion and relocation of new and existing companies. MPEDC has a mission to help create an environment where community and business can thrive.