Performance indicator:

City’s Bond Rating

Source: Mike Benson, City Finance Department

Indicator description:

A bond rating is a measure of a governmental entity’s financial reputation. A good bond rating enables a municipality to borrow money for projects at the most competitive rates possible. This saves taxpayer dollars through lower interest payments. The A rating reflects the breadth, growth and diversity of the service area and the adequate debt service coverage and liquidity for system debt.

This indicator is associated with the following goals:

Note: Plan Houston's performance indicators are intended to inform the public and policy makers on the community's success at achieving Plan Houston's community goals. Identifying current performance is a first step; future steps could include tracking progress over time and establishing preferences on outcomes.