This month Standard & Poor's issued a "AAA" rating to ABQ's general-obligation bonds--the highest rating possible.  The improved grade from the previous bonds' "AA" rating should reduce the city's interest rate and other borrowing costs.  The city's gross-receipts tax bonds had recently been upgraded as well.  Factoring into the rating increases were ABQ's healthy fund balances, central role in the state's economy, and strong financial management.  

Albuquerque Journal, May 14, 2008

What's New: Recent News

• Business