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S&P reaffirms Carmel’s ‘AA’ bond rating
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S&P reaffirms Carmel’s ‘AA’ bond rating
Carmel Mayor Sue Finkam announced on Wednesday, June 17, that S&P Global Ratings reaffirmed the city’s ‘AA’ rating. In its assessment, S&P Global Ratings credited Carmel’s robust local economy, praising “the city’s economic strength, coupled with disciplined management.” The affirmation from S&P is among the highest ratings currently given to any similarly sized city in the state. Finkam “The rating illustrates our commitment to improving the ov…
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