Alexandria has once again received the highest possible bond ratings from major credit agencies, marking the 33rd consecutive year the city has earned top marks for its financial management – news that City Manager Jim Parajon appeared to preview at a tourism industry event Thursday night.
S&P Global Ratings and Moody’s Ratings reaffirmed Alexandria’s ‘AAA’ and ‘Aaa’ ratings, respectively, allowing the city to continue securing low interest rates when issuing bonds for significant capital projects.