Return to Headlines

Madison Receives Aaa Bond Rating

Madison was recently upgraded to an “Aaa” rating by Moody’s Investor Service. This designation is the highest possible rating to be assigned by any rating agency. Aaa bonds exhibit the highest level of creditworthiness because their issuers are able to meet financial commitments and have the lowest risk of default. A high credit rating will lower Madison’s cost of borrowing which results in a lower tax rate for our community.