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This is a Non-Federal dataset covered by different Terms of Use than See Terms

5.04 Bond Rating (summary)

Metadata Updated: April 5, 2024

An important indicator of the financial strength of governmental entity is its bond rating. The bond rating is similar in nature to the credit score of an individual – the higher the score, the better the ability to borrow money to finance purchases at a lower interest rate. Similarly, the higher the bond rating for a governmental entity, the more opportunities to borrow money for capital needs at lower interest rates. A high bond rating is in excellent indicator of the overall financial health of a government.This measure is obtained each year when the city seeks to issue bonds to finance its’ projects. As part of this process, bond ratings are always obtained from the rating agencies: Standard & Poor’s. Fitch Ratings and Moody's Investor Service.This page provides data for the Bond Rating performance measure.Bond ratings are a reflection of the financial strength of an entity. A high rating means an entity can issue bonds to finance capital projects at lower interest rates; lower rates result in less interest to be paid on the repayment of the bonds. Ultimately, this lowers the costs of our capital projects to our taxpayers.The performance measure dashboard is available at 5.04 Bond Rating.Additional InformationSource: Standard & Poors, Moody's Investor Service, and Fitch Ratings are the major bond rating agencies in the United States and are widely used by governmental and non-governmental entities throughout the country.Contact: Jerry HartContact E-Mail: Jerry_Hart@tempe.govData Source Type: ExcelPreparation Method: ManualPublish Frequency: AnnuallyPublish Method: ManualData Dictionary

Access & Use Information

Public: This dataset is intended for public access and use. Non-Federal: This dataset is covered by different Terms of Use than See Terms License: Creative Commons Attribution

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Metadata Created Date September 2, 2022
Metadata Updated Date April 5, 2024

Metadata Source

Harvested from City of Tempe Data.json Harvest Source

Additional Metadata

Resource Type Dataset
Metadata Created Date September 2, 2022
Metadata Updated Date April 5, 2024
Publisher City of Tempe
Data First Published 2019-11-26T23:40:08.000Z
Data Last Modified 2023-09-18T23:27:13.220Z
Category geospatial
Public Access Level public
Metadata Context
Schema Version
Catalog Describedby
Harvest Object Id ac097c99-cc09-419e-ab7e-641283a3c21a
Harvest Source Id ceea1675-8276-45f1-b45c-bb28dba71955
Harvest Source Title City of Tempe Data.json Harvest Source
Homepage URL
Metadata Type geospatial
Old Spatial {{extent:computeSpatialProperty}}
Source Datajson Identifier True
Source Hash 28f370063f5eaf4df9ce77040a3dfb7ffd6c14ee1735e296d06a675b6c1cce01
Source Schema Version 1.1

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