Omaha's Bond Rating Report Card Shows 'A's'

In a news release, the Mayor's Office says the City of Omaha's bond rating will remain at one of the highest levels from "Moody's Investors Services" and "S & P Global."

"S & P" gives Omaha a "AA+" with a stable outlook rating, it's second highest rating.

"Moody's" gives Omaha it third highest rating, "Aa2," with a stable outlook on Omaha's general obligation bonds.

The reports highlight strong business growth in Omaha, with strong cash reserves, and population and tax base growth through annexation.

The news release does say both services remain concerned about Omaha's unfunded pension liability.

The City of Omaha issues general obligation bonds to finance major projects.

(Picture from City of Omaha)

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