Moody's Investors Service has confirmed the City of Auburn's general obligation bonds an Aa3 rating, based on the City's strong financial
condition, as well as the quality of our budget and financial reports.
The State of Alabama has a Aa2 rating. Birmingham, Montgomery, Huntsville, Tuscaloosa, and Hoover are the other Aa3 cities in the State.
A high bond rating allows the City to enjoy lower interest rates on its bond issues.
Standard and Poor's has upgraded the City of Auburn to a bond rating of AA.