The rating reflects the Districts debt levels, low borrowing cast and strong reserves
The District of Muskoka is maintaining its strong financial standing after Moody’s Investors Service reaffirmed its Aa1 long-term credit rating with a stable outlook.
The rating reflects what the agency describes as Muskoka’s steady revenues, moderate debt levels, low borrowing costs and strong reserves, along with long-term planning and governance practices.
District officials say the result helps keep borrowing costs down for major infrastructure projects, including housing, wastewater and long-term care. Chair Jeff Lehman says the rating shows responsible financial management, while officials are also encouraging residents to help shape the 2027 budget through an online survey now open to the public.
Huntsville man charged with attempted murder and other charges
Bracebridge looking at higher tax increases in the coming years
One person airlifted after vehicle fire
Police increasing patrols around school zones
Police increase patrols this long weekend
Comments
Add a comment