May 28, 2025 3:30 a.m.

The City of Roseburg has maintained its high credit rating with a leading bond credit rating business.

A city release said on May 23rd, Moody’s Investors Service, a leading provider of credit ratings for public finance issuers, issued its annual comment on the City of Roseburg and confirmed its credit rating for the city as an Aa3 with no outlook.

Finance Director Ron Harker said an “Aa” rating signifies that obligations of the entity – in this case, the city, are judged to be of high quality and are subject to very low credit risk.

Harker said, “Maintaining an Aa3 with No Outlook with Moody’s is something to be proud of”. Harker said, “The big win here is that we have been able to maintain an Aa3 rating – High Quality – during uncertain times”.

Harker said credit rating agencies such as Moody’s are essentially assessing the potential risk of default that a bond issuer will be unable to pay interest or principal on the debt when they issue their rating scores. Harker said investor, portfolio managers and bankers are the primary users of credit rating scores.

The release said with an Aa3 rating the city is in full compliance with its goals and policies. Harker said the city has been able to maintain an Aa3 credit rating for a number of years now.