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Mayor Genisot tells Marinette residents the city retained A1 credit rating and is positioned for growth
Summary
In his 2026 State of the City, Mayor Steve Genisot said Marinette grew in 2025, highlighted upcoming economic-development projects and said strong fiscal management kept a balanced budget and an A1 Moody’s rating.
Mayor Steve Genisot delivered the city’s 2026 State of the City at the Feb. 3 Common Council meeting, praising economic development and fiscal stability.
Genisot said Marinette ‘‘continues to grow and strengthen daily’’ and pointed to new businesses and improvement projects driving what he described as positive change for residents, employees and visitors. He said the city maintained a balanced budget in 2025 and had ‘‘successfully retained our A1 credit rating from Moody’s,’’ crediting strong financial management and city staff efforts.
The remarks were framed as an overview of the city’s recent progress and plans for 2026; the mayor thanked the Common Council and city staff for their work in moving projects forward.
No specific new policy proposals or funding allocations tied directly to the State of the City remarks were recorded in the minutes; council business proceeded to agenda items including contracts and approvals.
