Credit Rating Summary

The Town of Natick, like any corporation or government entity, has its credit worthiness rated before selling any amount of municipal bonds (permanent debt) or temporary notes (temporary debt or Bond Anticipation Notes - BAN's).

We are proud to state that since 2008, Natick's bond rating has held stable at AAA as rated by Standard & Poor's (S&P). S&P states that a creditor like Natick with a AAA rating: "has extremely strong capacity to meet its financial commitments. 'AAA' is the highest issuer credit rating assigned by Standard & Poor's."

The Town of Natick was last reaffirmed AAA / Stable by Standard & Poor's on July 17, 2017.

Related Documents

  1. Fitch Ratings - Natick Report (2023)
  2. Standard & Poor's Rating - Natick Report (2023)
  3. Standard & Poor's Rating - Natick Report (2022)
  4. Fitch Ratings - Natick Report (2018)
  5. Standard & Poor's Rating - Natick Report (2018)
  6. Credit Rating Summary - July 17, 2017 (PDF)
  7. Credit Rating Summary - April 12, 2016 (PDF)
  8. Credit Rating Summary - June 2, 2014 (PDF)
  9. Credit Rating Summary - May 14, 2013 (PDF)
  10. Credit Rating Summary - May 21, 2012 (PDF)
  11. Credit Rating Summary - June 15, 2011 (PDF)
  12. Credit Rating Summary - June 15, 2010 (PDF)
  13. Credit Rating Summary - June 30, 2009 (PDF)
  14. S&P Analysis of Municipal Credit Ratings - August 8, 2011 (PDF)
  15. Understanding Ratings (PDF)