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Mount Carmel announces S&P upgrade to A+; pool foundation reports large donations
Mount Carmel City Council · December 16, 2025
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Summary
City officials told the council S&P upgraded Mount Carmel’s bond rating to A+ and the Macarthur Pool Foundation received an $80,000 commitment, with additional large donations pending; naming-rights terms were discussed but figures in the record were inconsistent.
Mount Carmel City officials reported an improved S&P bond rating and ongoing fundraising for the Macarthur Pool Foundation during regular reports.
Speaker 3 told the council the city’s bond rating with S&P was raised from A- to A+. "Our new bond rating was released Friday to the public, and…
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