Westerville, Ohio, has hit the finance headlines once more, clinching an Aaa bond rating from big-time evaluators Moody's Investor Services and Standard & Poor's, according to a recent announcement by the City of Westerville. This marks the city's 12th straight win of the top-tier rating, signifying a gold star in the eyes of investors seeking a low-risk plunge.

The city's been in this prime spot before. It means they get dibs on the lowest interest rates for the $30 million they're pegging for their new digs - infrastructure and road developments – for 88 acres east of Africa Road. Indeed, this area is looking at being all fancy, joining the ranks of Westar, Westerville's economic powerhouse, which, let's not forget, has already drawn in some 10,000 jobs and heavy-hitters like DHL, Vertiv, Lancaster Colony, and Central Ohio Primary Care Physicians, as they mentioned in their report.

"With this project, Westerville is able to secure the best funding options as we invest in infrastructure necessary to pursue future economic development opportunities," Westerville City Manager Monica Dupee told the City of Westerville's website. This isn't just about today's savings for taxpayers, but it's lining up to be a savvy long game – cheaper debt means more bang for the city's buck and possibly a prettier penny for residents' pockets.

Matt Yoder, the City's finance brain, spilled the beans, saying issuing these bonds is all part of keeping the city on its fiscal toes – it's about making sure they aren't just throwing money at shiny things but investing in assets they'll still be happy about down the line, the careful planning which is a feather in the cap for a few, very few cities in Ohio, according to the detailed reports from Moody's and S&P found on Westerville's website.