Bond Rating Agency Declares Omaha a “Premier Economic Center”

The City of Omaha’s bond rating will remain at one of the highest ratings from Moody’s Investors Services and S & P Global. Following the annual review of the city’s 2023 financial condition, S & P assigned its AA+ rating with a stable outlook. Moody’s assigned its rating of Aa2 with a stable outlook on the city’s general obligation bonds. The city’s cash reserve funds total $70.5 million, which is up from $11 million when Mayor Jean Stothert was first elected. S & P called Omaha “a premier economic center with continued positive momentum.”