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<br />-. <br /> <br />. <br /> <br />. <br /> <br />the Year Ended December 31, 1997. The City has received this award each <br />year since 1989. The 1998 CAFR will be submitted to the Government Finance <br />Officer's Association for review. <br /> <br />Bond RatinQ <br /> <br />Last year there was considerable discussion about the City's bond rating. The <br />rating classifications changed and there was some consideration of trying to <br />increase to A3 from Baa1. Given that the City will be issuing almost $6,000,000 <br />of debt in 1999 with the strong possibility of another sizable issue in 2000, it is <br />more likely that maintaining the current rating will be the main focus. Moody's, <br />the agency that rates the City's bonds, will be here June 15, 1999, to tour the <br />City. This will help Moody's understand issues facing the City and how the <br />growth has been handled in the past as that is a good indication of future <br />planning efforts. <br /> <br />15 <br />