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Posted on: September 2, 2016

Village’s Strong Fiscal Management Affirmed by FitchRatings AAA Rating


FitchRatings has affirmed the Village of Woodridge’s AAA rating, establishing it as the Village’s Issuer Default Rating and rating for $18.5 million unlimited tax general obligation (ULTGO) bonds. This is the best rating that can be achieved using the FitchRatings method.

During a Village Board meeting held Thursday, September 1st, Village Administrator Kathleen Rush announced the ratings and stated that this means “that the Village has a low liability burden, we are controlling our budget on both the revenue and expenditure sides, and have exceptionally strong operating performance.”

Read FitchRating's Report...
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