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Officials report Moody's does not plan rating change after call
Summary
Village staff told the Finance Committee that a recent phone call with Moody's concluded with the rating agency not planning any adjustments to Bolingbrook's current credit rating.
Village administrators, bond counsel, the village attorney and Finance Director Rosa Cojulun held a phone conference with Moody's, the committee was told. According to the minutes, Moody's is not currently planning to make any adjustments to the Village's credit rating.
The report to the committee was presented as a status update; the minutes do not record any changes to debt strategy, bond pricing or follow-up actions tied to the call. Committee members did not take formal action related to the rating at the Feb. 11 session.
