Photo of Halton Region headquarters, courtesy of Halton Region
The Halton Region’s reputation remains at the highest level!
For the 22nd year in a row, S&P Global Ratings has upheld Halton Region’s AAA Credit rating. Halton Regional Chair Gary Carr says this rating is great for Halton.
“By earning this top credit rating for more than two decades, we help ensure top value for taxpayer dollars as we invest in critical projects that support our growing community and help keep Halton a great place to live,” says Carr. “We are proud to maintain this credit rating and our strong financial position.”
S&P’s analysis included the following strengths in support of the AAA rating:
- steady population growth, high-income levels and a broad economy that fosters stability in the Region’s property tax base;
- prudent financial management practices and solid economic base;
- very strong budget performance; and
- exceptional liquidity position and satisfactory access to external liquidity for financing needs.
Halton Region has maintained top credit ratings from S&P Global Ratings (AAA) since 2002 and Moody’s Investors Service (Aaa) since 1989.
To learn more about Regional finances, click here.
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