Normal really has a AAA credit rating?

By: Diane Benjamin https://onlinelibrary.wiley.com/doi/pdf/10.1111/1468-0416.00029 Fitch does have Normal at AAA, did Normal pay to get that rating? Moody’s doesn’t have Normal at AAA: https://finance.yahoo.com/news/normal-town-il-moodys-assigns-230707753.html This story is based on the $2 million debt Normal recently refinanced instead of paying it off. QUOTE: RATING OUTLOOK The stable outlook incorporates our expectation that the town’s financial position […]

Bloomington Credit AA+, see WHY!

By:  Diane Benjamin Fitch hasn’t changed Bloomington’s credit rating from AA+, but you need to understand why.  See the story here:  http://finance.yahoo.com/news/fitch-affirms-bloomington-ils-gos-182900665.html They seem to have miss the local RISING unemployment rate, even though the story does mention Mitsubishi closing. The article has much more information. I’m sure Mayor Renner will tout his great management. […]