City of Kansas City, MO

10/19/2026 | Press release | Distributed by Public on 10/19/2026 14:24

Moody’s Affirms Kansas City’s Strong Credit Ratings, Stable Financial Outlook

For Immediate Release: October 19th, 2026

Moody's Ratings has reaffirmed the City of Kansas City's strong credit ratings, including its Aa3 issuer credit rating and Aa2 ratings for its water and sewer revenue bonds. The rating actions maintain stable outlooks and reflect the City's strong economic foundation, healthy financial reserves, and commitment to responsible financial management.

In its October 14 report, Moody's recognized Kansas City as a regional economic and employment center, highlighting the City's continued economic development and strong financial position. The agency also pointed to the City's conservative budgeting practices and long-term financial planning as important factors supporting its creditworthiness.

"Kansas City's stable financial position is a product of the disciplined management from our Finance Department," said City Manager Mario Vasquez. "These ratings reinforce our ability to serve residents and strengthen Kansas City's standing as an attractive place to live and do business. Through responsible budgeting and long-term planning, we are protecting the financial future of our City."

Moody's highlighted several factors supporting the City's ratings, including:

  • Strong financial reserves: The City maintained an available fund balance equal to 38% of governmental fund revenues at the close of fiscal year 2025, with available liquidity at 49%.

  • Continued economic strength: Kansas City's position as a regional economic and employment hub is expected to support continued revenue growth.

  • Responsible financial management: Moody's recognized the City's conservative budgeting practices, long-term financial planning and efforts to identify efficiencies.

  • Strong water and sewer systems: The City's water and sewer utilities maintained Aa2 ratings, reflecting their stable customer bases, financial performance and ongoing investment in critical infrastructure.

The full Moody's rating report is available through Moody's Ratings.

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