12/18/2025 | Press release | Distributed by Public on 12/18/2025 11:19
BATON ROUGE, LA - Thursday, December 18, 2025 - "New-York based Moody's Ratings (Moody's) recently affirmed Baton Rouge's City-Parish bond rating of Aa2, one of the highest ratings the company assigns to the financial condition of governmental entities," Mayor-President Sid Edwards noted today.
"Moody's report is a very positive statement about Baton Rouge's financial condition and future, especially contrasted with other major Louisiana cities that saw their ratings downgraded," Mayor-President Edwards said.
In its statement, Moody's said the Aa2 affirmation "reflects the city-parish's continued fiscal discipline and prudent financial practices that support stable financial operations."
"It's been a challenging year to manage a $50 million budget loss from the incorporation of the City of St. George, but Moody's affirmed that our tough decisions have resulted in stable financial operations," said Mayor-President Edwards.
In its Aa2 affirmation opinion, Moody's wrote, "The stable outlook reflects the likelihood that the city-parish will maintain stable operations even as the various operational impacts of the incorporation of St. George remain ongoing and that revenue growth, expenditure reductions, and conservative budget management will continue to support satisfactory finances."
Moody's also wrote, "The outlook also reflects the expectation that the stable financial position, coupled with ongoing prudent governance practices, will keep the above average leverage manageable."
Moody's Rating is a financial research and credit rating agency that assess the creditworthiness of companies, governments, and other entities. Moody's ratings are used by investors to evaluate risk and make informed decisions, as higher ratings mean more stable investments.