Finance Department

The City of Maple Heights received its third Auditor of the State (AOS) Award

The City of Maple Heights received its third Auditor of the State (AOS) Award during a special presentation at Wednesday’s City Council Meeting.  The State of Ohio Auditor’s office audits more than 6,000 municipalities each year.  Pictured below are (L-R) Mayor Annette M. Blackwell, Finance Department staff, Councilwoman Tanglyn Madden, Councilwoman Edwina Agee, Councilwoman Dana

2024-11-13T16:16:22-05:00November 13th, 2024|Finance Department, News|

Moody’s Investors Service increases City’s Issuer Rating to (Baaa3 stable)

Earlier this month, Moody’s Investors Service issued an updated Credit Opinion for the City of Maple Heights, increasing its issuer rating to (Baaa3 stable).  This new rating is significant, because Moody’s has increased the City’s rating by two levels from last year’s rating.    The Credit opinion states, ‘The stable outlook reflects the budgetary cushion

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