![]() S&P cited the city’s strong management, strong budgetary performance with operating surpluses, very strong budgetary flexibility, very strong liquidity, and low overall net debt. At the same time, S&P affirmed its ‘AA+’ long-term rating on the City’s existing debt, which means the outlook is stable. ![]() ![]() S&P also affirmed the outlook on the City’s existing debt is stableĮVERETT, MA – Mayor Carlo DeMaria is pleased to announce that Standard & Poor’s (S&P) Global Ratings assigned its ‘AA+’ long-term rating to the City of Everett’s $7.205 million series 2023 general obligation (GO) municipal purpose loan bonds for the seventh year in a row.
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