Lake Saint Louis Receives Aa2 Credit Rating

(The following press release was issued by the .)

Lake Saint Louis residents often ask city officials about the status of city finances.  This question has arisen more frequently with the news of certain cities declaring bankruptcy. 

The credit rating agency Moody's has assigned a rating of Aa2 for Lake Saint Louis. 

City officials are proud of this Investment Prime Grade rating as the city was not able to obtain a credit rating from Moody's ten years ago. The City's financial condition has greatly improved from where it once was. 

To learn more about Moody's rating system Click Here.

The City's 2012/13 fiscal year budget is posted for viewing on the city's website on the Finance Department page.