Tag Archives: debt

Community members invited to comment on City budget

First of four budget presentations takes place October 1 Guelph, ON, Thursday, September 19 – The City is improving opportunities for community members to get involved as staff and Council present, discuss, deliberate and approve the City’s budget. On Tuesday, October 1, City staff will present Guelph’s Capital Investment Strategy: proposed 2014-2023 Capital Budget and Forecast. During the meeting, community members are invited to make presentations supporting specific investments in buildings, roads, sidewalks, bike lanes, parks, trails, and other assets and infrastructure. “Councillors listen and respond to community feedback throughout the year, and we recognize public input is a critical part of the City’s annual budget process,” said Mayor Karen Farbridge. “We’re encouraging people to write to us and talk with us about specific projects… Continue reading Community members invited to comment on City budget

Guelph credit rating upgraded to AA+

Guelph, ON, August 29, 2013 – Earlier today, Standards & Poor’s Rating Services (Standards & Poor’s) increased Guelph’s credit rating from AA to AA+. “We are very pleased to see Guelph’s credit rating upgraded again this year,” said City treasurer, Al Horsman “The AA+ rating reaffirms our belief that the City’s financial position is not only healthy, it’s getting stronger.” According to the Standard & Poor’s Ratings Direct Research Update, “Guelph demonstrates good financial management, which has a positive impact on its credit profile. The City has a robust set of financial policies and annual financial statements are audited and unqualified. Guelph provides transparent, easy-to-access disclosure to pertinent information and prepares detailed operating and capital budgets.” The improved credit rating also reflects Standard & Poor’s… Continue reading Guelph credit rating upgraded to AA+