Buckeye just earned a top-tier AAA Bond Rating from Fitch Ratings—a big win that shows the city’s finances are in great shape. This rating will help Buckeye get low interest rates on its upcoming General Obligation bond—the first one it's issued in almost 40 years.
In June, Buckeye will start using its top bond rating by issuing the first $75 million in bonds. The money will go toward major street improvements and public safety upgrades—essential services that keep the city running smoothly. Voters showed strong support for the bond measure in the November 2024 election, backing the city's investment in its future.
If you fancy a deep dive into the nitty-gritty of what makes Buckeye a AAA player in the bond game, it all boils down to a solid tax base, a thumbs-up on the economic health front, financial flexibility, and management that apparently knows a thing or two about running a tight ship—all hallmarks of good governance, according to the Buckeye City's announcement.
City leaders, including the mayor and council, have received praise for guiding Buckeye’s strong financial trajectory. They, in turn, credited the Finance Department for its rigorous fiscal management and strategic planning, which were key to securing the AAA rating. The department’s consistent efforts have clearly yielded results. For residents interested in more information about the city’s financial position, detailed reports are available on Buckeye’s official website.
