S&P Global Ratings Affirms St. Louis City Credit Rating

(St. Louis - November 4, 2025) - S&P Global Ratings (S&P) has affirmed the City of St. Louis' credit rating of "A+" on its general obligations bonds and "A" rating on appropriating backed debt with a stable outlook for both.

The report recognizes the city's strong financial management, robust reserves, and positive fiscal trends, while also noting ongoing challenges such as population decline and recovery from this year's tornado.

"The reaffirmation by S&P is a clear vote of confidence in the City of St. Louis' sound fiscal management," said Comptroller Donna M.C. Baringer. "Even in face of natural disasters, our commitment to maintaining stability, transparency, and long-term planning continues to strengthen the city's financial foundation."

S&P's report highlights the city's healthy reserve position of $436 million, and its balanced fiscal year 2026 budget. The agency also noted that the city's budget discipline and proactive financial policies have helped maintain stability despite pressures from pension liabilities and other unforeseen circumstances.

S&P concluded that the city's stable outlook reflects its expectation that St. Louis will sustain strong reserves and sound financial performance over the next two years.

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Comptroller Donna M.C. Baringer is the chief fiscal officer of the City of St. Louis and is charged with safeguarding the city's credit rating and protecting taxpayer dollars. Visit www.stlouismo.gov/comptroller to learn more about the Office of the Comptroller.