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S&P Global Ratings (formerly Standard & Poor’s) reaffirmed the city’s AAA bond rating in June 2020 and evaluated the outlook as stable.
The report cites the following factors in its assessment of the city’s ratings.
This credit rating is the highest credit rating available from S&P, and the City of Victoria is one of only 27 Minnesota municipalities and 426 nationally with this AAA rating.
View the full S&P ratings report for the city (PDF).