Huntsville maintains perfect credit rating for 10th straight yearRICKEY STOKES
Posted by: Matt Boster
Date: Jan 26 2018 9:56 PM
The wins keep coming for the city of Huntsville.
Mayor Tommy Battle announced Friday morning that the city had received the top credit rating from the nation's two leading credit rating agencies.
And it will save taxpayers money when it comes to borrowing funds for infrastructure projects to accommodate the newly-announced $1.6 billion Toyota-Mazda plant, Battle said.
The city has against received the top-mark AAA rating from Standard and Poor's and Aaa rating from Moody's. Battle said Huntsville is the only city in the state to receive top rankings from both credit agencies.
It's the 10th straight year Huntsville has received the top credit ratings.
"The triple-A credit ratings are the highest a city can achieve," Battle said.