Board of Public Works Meeting Minutes March 2026
Standard & Poor’s Affirms Utility Credit Rating Outlook
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Description
Standard & Poor’s completed a credit rating review for the utility, maintaining a negative outlook but indicating no additional downgrade is expected at this time. The review focused on debt coverage ratios and the utility’s ability to implement timely rate adjustments.
Contract Details
Vendor
STANDARD & POOR’S
Agency
City of Hannibal city, MO
Contract Type
FINANCIAL_SERVICES
Document Date
March 16, 2026
Renewal Info
Credit rating reviews are periodic and ongoing; no specific renewal terms were discussed.
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