Oklahoma City receives highest possible bond ratings for 17 years in a row
03/21/2025
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Link to S&P Global Ratings summary
Link to Moody’s report
Moody’s Investors Service and S&P Global have each affirmed the City of Oklahoma City’s high bond rating with a stable long-term outlook.
S&P Global Ratings affirmed the City’s AAA long-term rating and stable outlook in a March 11, 2025, report, and Moodys affirmed its Aaa rating in a March 6, 2025, report. The triple-A ratings are the highest awarded by each agency.
These ratings are used to price bonds the City sells to fund the bond package included in the Better Streets, Safer City infrastructure investment program. They keep Oklahoma City in an elite group of major American municipalities with the highest possible rating.
“Our AAA/Aaa ratings are the result of a longstanding conservative financial culture supported by Mayor and Council and is a reflection of our commitment to high financial standards,” Assistant City Manager Brent Bryant said.
According to the S&P report, “Our view of Oklahoma City's general creditworthiness reflects the city's role as the primary employment and economic center of Oklahoma, with stable operating performance and robust reserves supported by comprehensive management policies and practices, as well as the city's manageable debt, pension, and other postemployment benefits (OPEB).”
Moody’s reported, “The city's financial position is very strong with management's conservative budgeting practices materially reducing budgetary pressures from the city's reliance on economically sensitive sales tax revenue.”
Oklahoma City is one of only 13 U.S. cities with a population of 500,000 or more that holds a triple-A credit rating from Moody's and Standard and Poor's rating agencies.
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Media Contact: Kristy Yager, (405) 297-2550, kristy.yager@okc.gov
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