Standard & Poor’s Credit Rating Service has revised its outlook on the City of Thunder Bay to positive from stable on sustained robust liquidity and moderate debt. Each year, Standard and Poor's conducts an extensive review and issues the updated credit rating:
|2016 Standard & Poor's Annual Credit Rating - Summary||Adobe PDF, 8 pages, 270 KB|
|2015 Standard & Poor's Annual Credit Rating - Summary||Adobe PDF, 8 pages, 273 KB|
|2015 Standard & Poor's Full Report||Adobe PDF, 11 pages, 284 KB|
|2014 Standard & Poor's Annual Credit Rating||Adobe PDF, 8 pages, 285 KB|
|2013 Standard & Poor's Annual Credit Rating||Adobe PDF, 5 pages, 271 KB|
|2012 Standard & Poor's Annual Credit Rating|
|2011 Standard & Poor's Annual Credit Rating|
|2010 Standard & Poor's Annual Credit Rating|
Each year, the City reports on the Provincially mandated Municipal Performance Measurement Program (MPMP), which consists of data collection and reporting of service performance measures in 12 municipal service areas.
The City of Thunder Bay also participates in a municipal comparative study conducted by BMA Management Consulting Inc.
In 2016, 105 municipalities participated in the study which provides comparisons of financial information, select user fees, tax policies and rates, sewer and water services, and taxes as a percentage of income.
The City participates in other benchmarking work including the Ontario Municipal Benchmarking Initiative, which brings municipalities together to share detailed information on best practices to bring down the cost and improve the quality of local of services. Visit the Ontario Benchmarking Initiative Website (OMBI) for more information and reports.