S&P Upgrades City of Prattville’s Credit Rating
The City of Prattville is pleased to announce that Standard & Poor’s Rating Services has raised its underlying rating from an “A-“ to an “A” on the City’s general obligation debt and also on our general obligation refunding warrants. Their outlook on all the ratings shows the City of Prattville as being “stable.”
This upgraded rating speaks to the credit-worthiness of the City of Prattville. S&P’s summary letter states: “the upgrade reflects the city’s improved financial position following the implementation of improved budgeting practices and expenditure reductions.”



























