Village Maintains AA Bond Rating

Lake Zurich will maintain its "AA Stable" bond rating from Standard and Poor, the Village reports. The show shows that the village is making progress in achieving real longterm fiscal sustainability, a news release says. A rating of AA means Lake Zurich has a very strong capacity to meet its financial commitments.

In the current environment where so many local governments are being downgraded, it is a testament to the hard work of the village staff that it is able to maintain such a high bond rating, village officials said.