Moody's, one of the nation's top credit rating agencies, has reaffirmed the Village's Aa2 credit rating, which is a very high rating and a sign of strong financial health. This reflects Channahon's strong local economy, healthy reserves, and responsible budgeting - even as the Village plans major investments in infrastructure to support growth and secure future water supply from Lake Michigan.
A high credit rating helps keep borrowing costs lower, protects taxpayer dollars, and shows that Channahon is well-positioned to invest in roads, utilities, and other critical services while remaining financially stable.
To view the full report from Moody's, please click here (link).