The municipality of Chelsea has maintained an A+ credit rating, which stands as a testament to the quality of leadership guiding the city, particularly given the economic challenges brought on by the recession. Achieving such a standing is comparable to earning straight A’s in college. While not quite reaching a AAA rating, this represents the highest level attainable for the city under current circumstances. Further progress remains possible. The city manager deserves recognition, as this strong rating is largely attributable to his efforts.
The City’s Credit Rating
