The City has received an AA+ bond rating from Standard & Poor's Financial Services LLC (S&P) for the 2018 limited-tax general obligation bonds of $9.58 million, to be issued on November 15, 2018.
The City will use the bonds to acquire conservation land on the North Shore, fund two street projects, and acquire a building.
The AA+ rating is based on the assessment by Standard and Poor’s of the City having:
> Very strong economy
> Strong management with good financial policies
> Strong budgetary performance
> Very strong budgetary flexibility
> Very strong liquidity
> Adequate position to pay debt and pension obligations
Questions? Please contact City of Camas Finance Director Cathy Huber Nickerson, MPA, CGFM at firstname.lastname@example.org or 360-817-1537.