Monday, May 19, 2025
PORTSMOUTH – For the 13th consecutive year, Standard and Poor’s (S&P Global) has reaffirmed the City of Portsmouth’s AAA bond rating, which measures the City’s ability to manage its credit. S&P cited its opinion of “Portsmouth's very strong management and economic profile, which it thinks will likely continue to support positive financial operations, resulting in the continued maintenance of high reserves.” In making the announcement, City Manager Karen Conard said, “The City of Portsmouth has sustained