By Your Valley
Standard & Poor’s (S&P) and Fitch Ratings, leading providers of credit ratings, completed independent reviews of Queen Creek’s credit rating, both resulting in an upgrade from AA to AA+, just one notch below the highest possible rating.
The bond rating upgrade is timely as the town considers funding for the completion of Mansel Carter Oasis Park, the East Park site and the recreation and aquatic center.
“This rating upgrade acknowledges the continued, tremendous financial growth and maturation of the town, which is all encompassing but is rooted in two things,” stated Queen Creek Finance Director Scott McCarty in a press release. “First, the leadership of the town council in building a community, and second, our population growth and economic development as a result of being a desirable place to live and run a thriving business.”
