Rating Agencies Confirm Addison's Top Ratings

On December 28, 2021, Moody's Investors Services and S&P Global announced that they are reaffirming Addison's top issuer ratings.

Per Moody's release, the rationale for the rating includes that the town's ample reserves have remained intact throughout the ongoing health pandemic, supported by an adept management team that uses conservative practices to guide budget planning and execution. S&P stated that consistent operating surpluses, aided by strong management and prudent spending, have enabled Addison to transfer excess general fund revenues into its capital project fund in each of the last three fiscal years while maintaining its healthy reserve levels.

Addison is one of only 10 cities in Texas with an Aaa rating from Moody's and an AAA rating from S&P.