Moody’s Investor Service has just released its credit ranking for the Town of Thompson. The Town has received an Aa3 credit rating, which is in the top tier of financial ratings. This Aa3 rating ensures that the Town receives lower interest rates when issuing bonds or financing purchases, thereby saving the Town – and its taxpayers – thousands of dollars in interest.
Additionally, the Moody’s Aa3 rating is appealing to potential investors and businesses looking to move to Thompson. This top rating underscores the fact that Thompson is a stable, financially strong, and well-managed Town.
“For many years in a row, Moody’s has affirmed our top tier Aa3 financial rating for bond financing – and this year continues this tradition. This is very beneficial to our taxpayers as our elite credit rating saves the Town thousands in interest costs when we require funds to implement . We are proud to protect the Town’s bottom line – and the taxpayers’ bottom lines as well,” said Town Supervisor Bill Rieber.
Moody’s has released their credit rating for the Town of Thompson to the national media as of Thursday, March 25th, 2024.