Floresville City Council celebrates credit rating upgrade and award-winning project

The Floresville City Council meeting on December 12, 2024, highlighted significant advancements in the city’s financial health and community engagement initiatives. Key discussions included the city’s recent credit rating upgrade and upcoming community events.

City Manager Joslin announced that Floresville's credit rating has improved from a BBB to an A- with a stable outlook, as assessed by Standard and Poor's. This upgrade reflects a substantial turnaround in the city's financial situation, moving from a deficit of over $1 million to a surplus exceeding $4 million. The improvements were attributed to new leadership, enhanced financial controls, and the implementation of a five-year capital improvement plan. Joslin emphasized the collaborative efforts of the executive team and city staff in achieving these results.

In addition to financial updates, the council discussed the upcoming holiday dance scheduled for Saturday at the event center. Tickets are available for $10 each or $100 for a reserved table, with promotions already circulating on social media to encourage public participation.

The meeting underscored the city’s commitment to transparency and community involvement, as well as its ongoing efforts to enhance financial stability and public services. The council plans to continue fostering these improvements through regular updates and community engagement initiatives.