Standard & Poor’s raised Harrisonville’s annual appropriation-supported debt rating two notches to A-plus in recognition of its very strong general fund financial reserves.

The agency assigned a AA-minus issuer credit rating and an A-plus long-term rating to the upcoming sale of $5.7 million of annual appropriation-supported revenue bonds and $3 million of subordinate bonds. The rating is supported by the city’s economic diversity as a participant in the greater Kansas City area, adequate wealth and income levels, a stable local tax base, and the maintenance of very strong general fund reserves.

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