Moody's Investors Services

Montgomery Credit Rating
3:55 pm
Tue October 8, 2013

Montgomery Credit Rating Is Lowered

Credit rating agency, Moody's Investor Service, has downgraded Montgomery's credit rating, citing what it calls the city's weakened financial position.
Credit AP Photo

A credit rating agency has downgraded Montgomery's credit rating, citing what it calls the city's weakened financial position.

Moody's Investor Service issued the lower rating in a report released Monday.

The city was downgraded from an Aa2 rating, which is the third-best rating available, to an A1 rating with a negative financial outlook.

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Montgomery-Credit Rating
4:41 pm
Thu August 8, 2013

Moody's Places City Of Montgomery Under Review

Moody's Investors Service has placed the city of Montgomery under review for a possible credit rating downgrade.
Credit AP Photo

Moody's Investors Service has placed the city of Montgomery under review for a possible credit rating downgrade.


The Montgomery Advertiser reports that the city's current Aa2 rating is in jeopardy.


A recent report said the current rating is in jeopardy because of a deteriorated reserve fund, a deficit in funding medical insurance and the city's recent failures to achieve projections established in previous budget plans.

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