Rating Agencies Confirm Addison's Top Ratings

On July 21, S&P Global reaffirmed Addison's AAA rating stating that the decision reflects Addison's strong economic wealth and income metrics, consistent budgetary performance with very strong reserves, and very strong Financial Management Assessment (FMA).

Moody's Investors Services also recently announced that they have reaffirmed Addison's Aaa issuer rating. Per its news release, the rationale for the rating includes that the Town's strong financial operations have led to high reserve and liquidity levels despite a slightly higher reliance on economically sensitive sales tax revenue which continues to grow given the Town's role as a major job center.

Addison is one of only 12 cities in Texas with top ratings for both Moody's and S&P.