City of Windsor Financial Rating Affirmed at 'AA' by S&P

Standard & Poor's (S&P) Ratings Services has affirmed its long-term issuer credit and senior unsecured debt ratings for the City of Windsor as double-A (AA), citing that “Windsor's prudent and forward-looking financial management practices will support the City's strong budgetary results.”

S&P also issued a stable outlook for the City, noting an expectation that “Windsor's strong economy and prudent financial management practices will support healthy operating surpluses and robust liquidity.”

“City Council’s longstanding emphasis on building a strong financial base and efforts towards economic development and diversification have allowed the City to weather the impacts of the pandemic and achieve this very positive independent rating,” said Mayor Drew Dilkens.

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