Finance Department

The City of Rogers financial health is in favorable condition as reaffirmed by Standard & Poors Rating Services.  The City’s bond rating was improved from an Aa2 with Moody’s Investors Services to an AA+ with Standard & Poors on February 11, 2014.  This is good news for the City of Rogers and a direct reflection upon the current and past City Councils, and its management team, for their effort in securely managing the City’s finances and assets.  The AA+ rating is one notch below a perfect AAA rating and increases the ability for the City to sell bonds with a lower interest rate, ultimately saving the City money.  Some of the key factors in this increase cited a very strong economy and budgetary flexibility, strong budgetary performance and liquidity, and strong management with good financial policies and practices.