Today, the City of Saint Paul announced it has received AAA credit ratings from S&P Global and Fitch ratings agencies, including stable outlooks as part of a city bond sale process.

"We work every day to combine sound financial management with critical investments that help residents and businesses succeed," said Mayor Carter. "Our improved credit rating is important affirmation that this strategy Is serving our city well."

ABOUT THE RATING PROCESS

As part of an annual bond sale process, the City engages S&P Global Ratings and Fitch ratings agencies to assess the City of Saint Paul's financial health. Key factors cited by the agencies that contributed to the City of Saint Paul's AAA credit ratings include: