The following table summarizes Standard & Poor's Ratings Services' current general obligation bond ratings for 'AAA' rated U.S. municipalities. The ratings are based on seven factors: institutional framework, economy, management, liquidity, budgetary performance, budgetary flexibility, and debt and contingent liabilities for municipalities.
U.S. Municipalities With 'AAA' GO Ratings | ||||
---|---|---|---|---|
(As of Feb. 16, 2016) | ||||
Obligor | Obligor State | |||
Acton Twn |
MA | |||
Addison |
TX | |||
Alamo Heights |
TX | |||
Albuquerque |
NM | |||
Alexandria |
VA | |||
Algonquin Vill |
IL | |||
Allen |
TX | |||
Allendale Boro |
NJ | |||
Alpharetta |
GA | |||
Amarillo |
TX | |||
Anchorage Municipality* |
AK | |||
Andover |
MA | |||
Apex Town |
NC | |||
Apple Valley |
MN | |||
Arlington |
MA | |||
Arlington |
TX | |||
Asheville |
NC | |||
Austin |
TX | |||
Avalon Borough |
NJ | |||
Avon |
CT | |||
Bannockburn Vill |
IL | |||
Bar Harbor Twn |
ME | |||
Barnstable |
MA | |||
Bartlett |
TN | |||
Bedford Twn |
MA | |||
Bedford Twn |
NY | |||
Bellaire |
TX | |||
Bellevue |
WA | |||
Bernards Twp |
NJ | |||
Bernardsville Borough |
NJ | |||
Bethel |
CT | |||
Beverly Hills |
CA | |||
Birmingham |
MI | |||
Bloomfield Charter Twp |
MI | |||
Bloomfield Hills |
MI | |||
Bloomington |
MN | |||
Boca Raton |
FL | |||
Boonton Twp |
NJ | |||
Borough of Sea Girt |
NJ | |||
Boston |
MA | |||
Boulder |
CO | |||
Bowie |
MD | |||
Boxborough Twn |
MA | |||
Boxford |
MA | |||
Branchburg Township |
NJ | |||
Branford |
CT | |||
Brentwood |
TN | |||
Brewster Town |
MA | |||
Brookfield Twn |
CT | |||
Buckingham Twp (Bucks Cnty) |
PA | |||
Buffalo Grove Vill |
IL | |||
Bunker Hill Vill |
TX | |||
Burbank |
CA | |||
Burlington |
MA | |||
Caddo Parish |
LA | |||
Camarillo |
CA | |||
Cambridge |
MA | |||
Campbell |
CA | |||
Canton Town |
CT | |||
Canton Twn |
MA | |||
Cape Elizabeth |
ME | |||
Carlsbad |
CA | |||
Carrboro Town |
NC | |||
Carrollton |
TX | |||
Cary |
NC | |||
Cascade Charter Twp |
MI | |||
Centennial |
CO | |||
Cerritos |
CA | |||
Chandler |
AZ | |||
Chanhassen |
MN | |||
Chapel Hill |
NC | |||
Charleston |
SC | |||
Charlotte |
NC | |||
Charlottesville |
VA | |||
Chatham |
MA | |||
Chattanooga |
TN | |||
Chesapeake |
VA | |||
Cheshire |
CT | |||
Chilmark Town |
MA | |||
Claremont |
CA | |||
Clarendon Hills |
IL | |||
Clayton |
MO | |||
Colleyville |
TX | |||
Columbus |
OH | |||
Coppell |
TX | |||
Coral Springs |
FL | |||
Cornelius |
NC | |||
Cranbury Twp |
NJ | |||
Cromwell |
CT | |||
Dartmouth |
MA | |||
Dedham |
MA | |||
Deer Park |
TX | |||
Delray Beach |
FL | |||
Dennis |
MA | |||
Des Peres |
MO | |||
Downers Grove Vill |
IL | |||
Durham |
NC | |||
Duxbury Twn |
MA | |||
Eagan |
MN | |||
Eastham |
MA | |||
East Hampton |
CT | |||
Easton Twn |
CT | |||
Eden Prairie |
MN | |||
Edina |
MN | |||
Elmhurst |
IL | |||
El Paso De Robles |
CA | |||
Encinitas |
CA | |||
Fairfax |
VA | |||
Fairfield |
CT | |||
Falcon Heights |
MN | |||
Falls Church |
VA | |||
Falmouth |
ME | |||
Farmington Hills |
MI | |||
Flower Mound |
TX | |||
Fountain Valley |
CA | |||
Franklin |
TN | |||
Freeport |
ME | |||
Frontenac |
MO | |||
Fuquay-Varina Twn |
NC | |||
Germantown |
TN | |||
Glastonbury |
CT | |||
Glencoe Vill |
IL | |||
Grand Prairie |
TX | |||
Grandview Heights |
OH | |||
Great Neck Vill |
NY | |||
Greenburgh Town |
NY | |||
Green Oaks Vill |
IL | |||
Greensboro |
NC | |||
Greenville |
SC | |||
Greenwich |
CT | |||
Grosse Pointe Farms |
MI | |||
Groton Twn |
MA | |||
Guilford |
CT | |||
Gurnee |
IL | |||
Hamilton |
MA | |||
Harvard |
MA | |||
Hebron |
CT | |||
High Point |
NC | |||
Hingham Twn |
MA | |||
Hinsdale |
IL | |||
Hoover |
AL | |||
Hopewell Twp (Mercer Cnty) |
NJ | |||
Hopkinton |
MA | |||
Hudson |
OH | |||
Huntersville Twn |
NC | |||
Huntington Town |
NY | |||
Huntsville |
AL | |||
Indian Hill Vill |
OH | |||
Inverness Vill |
IL | |||
Irving |
TX | |||
Issaquah |
WA | |||
Jupiter |
FL | |||
Katy |
TX | |||
Keller |
TX | |||
Kennebunk Twn |
ME | |||
Kent Cnty |
MI | |||
Key Biscayne Vill |
FL | |||
Kirkland |
WA | |||
Lafayette |
CA | |||
Lake Forest |
CA | |||
Lakeland |
MN | |||
Lake Oswego |
OR | |||
Lakewood Vill |
IL | |||
Lake Zurich Vill |
IL | |||
Leesburg |
VA | |||
Lenexa |
KS | |||
Lewisville |
TX | |||
Limerick Twp |
PA | |||
Lincoln |
NE | |||
Lincoln Twn |
MA | |||
Little Compton Twn |
RI | |||
Littleton |
MA | |||
Los Alamitos |
CA | |||
Lower Merion Twp |
PA | |||
Madison Boro |
NJ | |||
Mahwah Twp |
NJ | |||
Malibu |
CA | |||
Manhattan Beach City |
CA | |||
Manheim Twp |
PA | |||
Maple Grove |
MN | |||
Marblehead Twn |
MA | |||
Marion Twn |
MA | |||
Mashpee Town |
MA | |||
Mattapoisett |
MA | |||
McKinney |
TX | |||
Mendham Twp |
NJ | |||
Mendota Heights |
MN | |||
Metro |
OR | |||
Middleton Twn |
WI | |||
Mill Vy |
CA | |||
Milpitas |
CA | |||
Milton |
MA | |||
Minneapolis |
MN | |||
Minneapolis-St. Paul Metro Council |
MN | |||
Minnetonka Beach |
MN | |||
Mission Viejo |
CA | |||
Montgomery Twp |
PA | |||
Montvale Boro |
NJ | |||
Montville Twp |
NJ | |||
Morrisville |
NC | |||
Mountain View |
CA | |||
Mount Pleasant |
SC | |||
Mukilteo§ |
WA | |||
Naperville |
IL | |||
Natick |
MA | |||
Needham |
MA | |||
New Albany |
OH | |||
Newburyport |
MA | |||
New Fairfield |
CT | |||
Newport Beach |
CA | |||
Newton |
MA | |||
Newtown |
CT | |||
Northbrook Vill |
IL | |||
Northfield Vill |
IL | |||
North Haven |
CT | |||
Norwalk |
CT | |||
Norwell Twn |
MA | |||
Novi |
MI | |||
Oakland Charter Twp |
MI | |||
Ocean Beach Vill |
NY | |||
Oklahoma City |
OK | |||
Old Lyme |
CT | |||
Old Tappan Boro |
NJ | |||
Orange Twn |
CT | |||
Orinda |
CA | |||
Orleans Twn |
MA | |||
Overland Park |
KS | |||
Palm Beach Gardens |
FL | |||
Palo Alto |
CA | |||
Parker |
TX | |||
Pasadena |
CA | |||
Peachtree City |
GA | |||
Pelham |
AL | |||
Pinecrest Vill |
FL | |||
Piney Point Vill |
TX | |||
Plainsboro Twp |
NJ | |||
Plano |
TX | |||
Plymouth |
MN | |||
Portsmouth |
NH | |||
Powell |
OH | |||
Purcellville Town |
VA | |||
Raleigh |
NC | |||
Rancho Santa Margarita |
CA | |||
Raymond Town |
ME | |||
Reading |
MA | |||
Redding Town |
CT | |||
Redmond |
WA | |||
Richardson |
TX | |||
Ridgefield Twn |
CT | |||
Ridgewood |
NJ | |||
Ridgewood Vill |
NJ | |||
River Forest Vill |
IL | |||
Rochester |
MI | |||
Rochester |
MN | |||
Rochester Hills |
MI | |||
Rockville |
MD | |||
Rockville Centre |
NY | |||
Roseville |
MN | |||
Rossford |
OH | |||
Roswell |
GA | |||
Sagaponack Vill |
NY | |||
Saltaire Vill |
NY | |||
San Antonio |
TX | |||
San Carlos |
CA | |||
San Clemente |
CA | |||
San Juan Capistrano |
CA | |||
San Ramon |
CA | |||
Santa Clarita |
CA | |||
Santa Monica |
CA | |||
Saratoga |
CA | |||
Schaumburg Vill |
IL | |||
Scottsdale |
AZ | |||
Seattle |
WA | |||
Shavano Pk |
TX | |||
Sherborn |
MA | |||
Shoreview |
MN | |||
Simi Valley |
CA | |||
Smyrna |
GA | |||
Southampton Twn |
NY | |||
Southborough |
MA | |||
Southlake |
TX | |||
South Portland |
ME | |||
Southside Place |
TX | |||
Spring Valley Village |
TX | |||
Stamford |
CT | |||
St. Louis Park |
MN | |||
St. Paul |
MN | |||
Sudbury |
MA | |||
Suffolk |
VA | |||
Sugar Land |
TX | |||
Summit |
NJ | |||
Sunnyvale |
CA | |||
Suwanee |
GA | |||
Tampa |
FL | |||
Tempe |
AZ | |||
Tolland |
CT | |||
Town & Country |
MO | |||
Troy |
MI | |||
Twn of Palm Beach |
FL | |||
Tyler |
TX | |||
Upper Arlington |
OH | |||
Vernon Hills Village |
IL | |||
Vienna Twn |
VA | |||
Village of Grosse Pointe Shores |
MI | |||
Virginia Beach |
VA | |||
Wake Forest |
NC | |||
Warren Township (Somerset County) |
NJ | |||
Watertown |
MA | |||
Wellesley |
MA | |||
Wellfleet |
MA | |||
Wenham Twn |
MA | |||
Westborough Twn |
MA | |||
West Des Moines |
IA | |||
Westerville |
OH | |||
Westfield Town |
NJ | |||
Westford |
MA | |||
West Hartford Twn |
CT | |||
West Hollywood |
CA | |||
Westlake |
OH | |||
Weston |
FL | |||
Weston |
MA | |||
West University Place |
TX | |||
West Windsor Twp |
NJ | |||
Westwood |
MA | |||
Williamsburg |
VA | |||
Willowbrook |
IL | |||
Wilmington |
NC | |||
Winchester |
MA | |||
Winchester |
VA | |||
Windsor Twn |
CT | |||
Winston-Salem |
NC | |||
Woodbury |
MN | |||
Woodcliff Lake |
NJ | |||
Wood Dale |
IL | |||
Woodway |
WA | |||
Worthington |
OH | |||
Wyoming |
OH | |||
Yorba Linda |
CA | |||
GO--General obligation. All entities have stable outlooks except as noted. *We revised our outlook on Anchorage, Alaska to negative from stable Oct. 28, 2015, due to the municipality's trend of weakening available reserves in the context of what we view as limited direct revenue effects to date from a recent fall in oil prices that is affecting the state economy as a whole. §We revised our outlook on Mukiteo, Wash. to negative from stable Aug. 13, 2014, reflecting our view of the city's multiyear trend of general fund imbalances that have weakened budgetary flexibility. |
We have determined, based solely on the developments described herein, that no rating actions are currently warranted. Only a rating committee may determine a rating action and, as these developments were not viewed as material to the ratings, neither they nor this report were reviewed by a rating committee.
Primary Credit Analyst: | Karl Jacob, Boston (1) 617-530-8134; karl.jacob@spglobal.com |
Secondary Contact: | Steven E Waldeck, Boston (1) 617-530-8128; steven.waldeck@standardandpoors.com |
Research Assistant: | Rushik B Shah, Mumbai |
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