File #: RPT 18-114   
Section: Informational Report Status: Agenda Ready
Meeting Body: Council Budget and Finance Committee
Agenda Date: 6/20/2018 Final action:
Subject: Review of Credit Status & Implications
Attachments: 1. Attachment I Staff Report

DATE:      June 20, 2018

 

TO:           Council Budget and Finance Committee

 

FROM:     Director of Finance

 

SUBJECT                     

Title                      

 

Review of Credit Status & Implications                                                             

 

End
RECOMMENDATION

Recommendation

 

That the Committee reviews and provides feedback on this report.

End

 

SUMMARY

 

As with all organizations seeking credit, the City is subject to credit review processes.  One which takes place routinely is the credit rating process.  The report below provides background information on the credit rating process and the City’s most recent rating and outlook.

 

ATTACHMENTS

Attachment I                                          Staff Report