Do you know what really goes into your bond rating? Did you know that fund balance only makes up about 10%-15% of your overall rating?
Bond ratings make a difference. The interest cost savings between bond rating categories an average tax-backed G.O. bond issuance amounts to over $500,000 - that’s on a single average $30 million issuance.
Bond insurance can be expensive, if you can even get it. There are no longer any AAA rated bond insurers, you can't just pay to insu