Rating Agency Recognizes Olathe’s Financial Stability

Moody’s Investor Service has assigned an MIG 1 rating to City of Olathe temporary note bonds, the highest rating available.

In determining the rating, Moody’s noted the City’s well managed financial practices that are expected to continue despite revenue pressures. In addition, Moody’s cited Olathe’s forward-thinking approach to budgeting and willingness to make budget adjustments to maintain structural balance and healthy reserves.

To see the complete analyst letter, visit the Resource Management bond ratings section .

MEDIA CONTACT: (212) 553-0376.