The City of Wauwatosa has once again achieved Moody’s Investor Services’ highest bond rating of Aaa, solidifying its position among the strongest creditworthy municipalities in the United States. This exceptional rating reflects the city's financial strength and its ability to finance critical infrastructure projects at the most competitive lending rates.
Moody’s highlighted several key strengths of Wauwatosa’s creditworthiness, including a very strong and stable reserve position, a robust local economy supported by high resident income, and a promising pipeline of new developments. Ongoing projects at the Milwaukee Regional Medical Center include a cancer research building, an expanded emergency department and trauma center at the Children’s Hospital, and a new forensic science and protective medicine facility. Future residential projects are also expected to bring hundreds of housing units online, further enhancing the city’s economic outlook.
The Aaa bond rating enables Wauwatosa to secure favorable financing terms for bonds that fund essential city projects such as street improvements, water system upgrades, and sewerage enhancements.
In addition to maintaining its top-tier credit rating, Wauwatosa completed its annual financial audit, as required by state law. Independent certified public accountants conducted the audit and concluded: “The financial statements referred to above present fairly the respective financial position of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information for the City of Wauwatosa.”
This rigorous audit process ensures transparency and accountability in the city’s financial operations, further reinforcing trust in the management of public funds.
Wauwatosa remains committed to maintaining its financial stability while continuing to invest in projects that enhance the quality of life for residents and support the city’s long-term growth.
View the auditor's report and video of presentation.