Moody's Investors Service has upgraded the Village of East Dundee’s credit rating (registration required), recognizing the village's strong fiscal management and prudent financial policies. Moody's recent press release highlights East Dundee's commitment to fiscal responsibility and its resilient economic outlook with an upgrade to A3 from Baa1. 

Moody's Investors Service, a leading provider of credit ratings, research, and risk analysis, noted several key factors contributing to the credit rating upgrade for the Village. These factors include the Village's strong tax base, stable revenue streams, prudent budgetary practices, and proactive debt management strategies.  

 Village President Jeff Lynam shared his excitement regarding the credit rating upgrade, stating, "We are thrilled to receive this positive assessment from Moody's Investors Service. This upgrade is a testament to the hard work and dedication of our Village Board, staff, and community members. It reaffirms our commitment to sound financial stewardship and positions us for continued success." 

 The upgraded credit rating enhances the village's access to capital markets, lowering borrowing costs and enabling long term investments in infrastructure, public services, and economic development initiatives.