Standard & Poor’s Ratings Service (S&P) has reaffirmed the City of Greenville’s AA ratings. A strong rating like this saves the City money if/when it goes to borrow money or sell bonds.

S&P cited the City’s economy, very strong management conditions with strong financial policies, and very strong debt and contingent liabilities position.  In the report, it said, “The city is conservative in its revenue and expenditure assumptions, using trend analysis as well as other outside source projections to deal with volatile revenues such as sales tax.”

For more information, please contact Bernita Demery at 252-329-4444.

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