The City has received ratings of AA/Aa2 from Standard and Poor's and Moody's Investors Service, respectively, on the general obligation bonds the City will issue in several weeks.. These ratings are the second-highest category available, one category lower than “AAA/Aaa” and are reflective of the City’s strong financial position, particularly in today's economic environment. These are the same ratings the City has held for the past three years. Both agencies site the City’s strong reserve … [Read more...] about Flagstaff’s S&P and Moody’s Ratings High
finance officers association
Coconino County Budgeting Process Recognized
Coconino County was recently awarded the Distinguished Budget Presentation Award by the Government Finance Officers Association (GFOA) for the fiscal year 2011 budget. The Coconino County Board of Supervisors officially presented the award to the Finance Department’s Budget Division on May 23, 2011. The award represents a significant achievement for Coconino County and reflects the county’s commitment to meeting the highest principles of governmental budgeting. In order to receive the … [Read more...] about Coconino County Budgeting Process Recognized