Bond Rating
The City continues to maintain the highest possible credit
rating from Moody’s Investor’s Service, a leading provider
of credit ratings, research and analysis for more than 110
countries, 12,000 corporate issuers, 25,000 public finance
issuers and 106,000 structured finance obligations.
Here is
Lake Forest’s latest credit rating, which is based upon
the September 2011 debt issue of $28.035 million and the $63.9
million of outstanding general obligation debt. |