November 26, 2010

Town's Borrowning rate at historic lows

Grand Chute continues to have an excellent credit rating. Moody Investment Services reaffirmed the town's rating as Aa2, almost unheard of! Because the town has such excellent credit, we were able to receive a bond issuance rate of 2.175% from M&I Bank. This is the lowest rate the Town has been able to borrow money at in the last ten years!