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Maple Grove once again has attained the AAA credit rating - the highest rating possible - when evaluated by Standard and Poor's and Moody's in November, 2011.
Many factors go into the rating process including economic diversity, financial performance and flexibility, debt burden, and financial management practices. The City’s ability to implement timely and sound financial and operational decisions in response to economic and fiscal demands is a primary determinant of changes in credit quality. A superlative credit rating keeps the cost of financing capital projects as low as possible providing a substantial savings to taxpayers.
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