The City of San Antonio's fiscal fortitude has once again been recognized by top rating agencies. Standard & Poor’s and Moody’s Ratings have both reaffirmed the city's 'AAA' general obligation bond ratings with a solid stable outlook. Getting ahead in the financial resilience game, Fitch Ratings also maintained the City's 'AA+' bond rating on July 18, complementing it with a positive outlook that might signal an upcoming rating upgrade.

Attributing to management prowess, the city administration, led by Mayor Ron Nirenberg and City Manager Erik Walsh, received accolades for their fiscal policy. As acknowledged in a statement obtained by the City of San Antonio's official website, Mayor Nirenberg emphasized, "City Manager Erik Walsh and his team – with the support of City Council – have made these stellar ratings possible through strong fiscal stewardship, ensuring that San Antonio borrows at the lowest-possible interest rates and saving millions of dollars for residents each year."

Set against the backdrop of the imminent sale of general obligation bonds, certificates of obligation, and tax notes during the week of August 19, the City's excellent bond ratings seem to promise a financial win-win for the municipal government and San Antonians alike. The high ratings reflect the stringent and well-calibrated financial policies enacted by the government. Walsh noted, "These ratings are also a direct reflection of the decisions made by our Mayor and City Council along with strong management practices and policies that guide our financial and capital planning."

Rated agencies did not hold back in their reports with high praise for San Antonio's financial oversight. S&P pointed out San Antonio’s "very strong management practices and policies and consistent track record of conservative budgeting and strategic planning." In a similar tune, Moody's recognized the City’s "sophisticated management team that employs long-range financial and capital planning and frequent financial monitoring." While Fitch Ratings lauded what it termed the City’s "strongest assessment for financial resilience," managing to encapsulate the collective confidence in the city's economic strategy.