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Rating Changes Of 25 Major U.S. Cities Since 2000

25 major U.S. cities rating changes
Since 2000
City Date Action Rating Outlook/CreditWatch

Atlanta, Ga.

3/14/2016 Upgrade AA+ Stable
6/27/2014 Upgrade AA Stable
3/23/2012 Outlook revision A Stable
10/28/2010 Outlook revision A Negative
3/6/2009 Downgrade A Stable
1/17/2008 Outlook revision AA- Stable
11/23/2005 Outlook revision AA- Positive
12/10/2003 Outlook revision AA- Stable
11/21/2002 Outlook revision AA- Negative
7/10/2002 Outlook revision AA- Stable
5/3/2002 Downgrade AA- Negative
6/29/2001 Outlook revision AA Stable
10/25/2000 Outlook revision AA Negative

Baltimore, Md.

7/8/2022 Outlook revision AA Stable
4/8/2022 CreditWatch AA Watch Neg
7/21/2014 Upgrade AA Stable
5/22/2007 Upgrade AA- Stable
5/25/2006 Outlook revision A+ Positive
6/15/2000 Upgrade A+ Stable

Boston, Mass.

3/5/2014 Upgrade AAA Stable
3/6/2007 Upgrade AA+ Stable
2/10/2004 Upgrade AA Stable
1/25/2000 Upgrade AA- Stable

Charlotte, N.C.

No changes AAA Stable

Chicago, Ill.

2/22/2024 Outlook revision BBB+ Stable
11/10/2022 Outlook revision BBB+ Positive
11/3/2021 Outlook revision BBB+ Stable
4/24/2020 Outlook revision BBB+ Negative
10/7/2016 Outlook revision BBB+ Stable
7/8/2015 Downgrade BBB+ Negative
5/14/2015 Downgrade A- Watch Neg
9/13/2013 Outlook revision A+ Negative
11/5/2010 Downgrade A+ Stable
7/27/2005 Upgrade AA- Stable
1/31/2005 Outlook revision A+ Positive

Cleveland, Ohio

5/16/2019 Upgrade AA- Stable
6/23/2017 Outlook revision A+ Positive
5/28/2008 Upgrade A+ Stable
10/15/2003 Downgrade A Stable
11/8/2002 Outlook revision A+ Negative

Dallas, Texas

10/30/2017 Outlook revision AA- Stable
1/11/2017 Downgrade AA- Negative
12/9/2016 CreditWatch AA Watch Neg
11/4/2015 Downgrade AA Stable
11/4/2003 Downgrade AA+ Stable
9/12/2002 Outlook revision AAA Negative

Denver, Colo.

9/8/2008 Upgrade AAA Stable

Detroit, Mich.

4/10/2024 Upgrade BBB Stable
4/26/2023 Upgrade BB+ Positive
3/14/2022 Upgrade BB Positive
1/20/2021 Outlook revision BB- Stable
4/30/2020 Outlook revision BB- Negative
2/7/2019 Upgrade BB- Stable
12/21/2017 Upgrade B+ Stable
7/29/2015 New rating B Stable
10/2/2013 Downgrade D N/A
7/18/2013 Downgrade C Negative
6/18/2013 Downgrade CC Negative
6/12/2013 Downgrade CCC- Negative
3/15/2013 Outlook revision B Stable
3/27/2012 Downgrade B Negative
1/6/2009 Downgrade BB Stable
12/20/2007 Outlook revision BBB Stable
11/21/2005 Downgrade BBB Negative
3/23/2005 Downgrade BBB+ Stable

District of Columbia

7/3/2018 Upgrade AA+ Stable
5/5/2017 Outlook revision AA Positive
9/29/2014 Upgrade AA Stable
3/21/2013 Upgrade AA- Stable
11/23/2005 Upgrade A+ Stable
11/16/2004 Upgrade A Stable
6/24/2003 Upgrade A- Stable
2/22/2001 Upgrade BBB+ Stable

Houston, Texas

1/18/2018 Outlook revision AA Stable
3/18/2016 Downgrade AA Negative
2/28/2014 Upgrade AA+ Stable
12/18/2007 Upgrade AA Stable
11/15/2004 Outlook revision AA- Positive

Las Vegas, Nev.

2/16/2023 Upgrade AA+ Stable
7/16/2021 Outlook revision AA Stable
3/26/2020 Outlook revision AA Negative
1/11/2019 Outlook revision AA Positive
5/4/2006 Upgrade AA Stable
5/18/2000 Upgrade AA- Stable

Los Angeles, Calif.

6/9/2017 Upgrade AA Stable
10/23/2015 Outlook revision AA- Stable
9/2/2014 Outlook revision AA- Positive
5/13/2010 Outlook revision AA- Stable
4/8/2010 CreditWatch AA- Watch Neg
2/23/2010 Downgrade AA- Stable

Miami, Fla.

5/17/2023 Upgrade AA Stable
11/5/2021 Outlook revision AA- Stable
12/20/2018 Outlook revision AA- Negative
8/5/2016 Upgrade AA- Stable
2/9/2015 Upgrade A+ Stable
11/26/2013 Outlook revision BBB Positive
6/28/2011 Downgrade BBB Negative
6/16/2010 Downgrade A- Negative
2/13/2004 Upgrade A+ Stable
7/11/2002 Outlook revision BBB+ Positive
12/12/2001 Upgrade BBB+ Stable

Milwaukee, Wis.

10/17/2023 Outlook revision A- Stable
11/15/2022 Downgrade A- e
9/16/2020 Downgrade A Negative
3/17/2020 Outlook revision AA- Negative
4/17/2019 Downgrade AA- Stable
1/18/2018 Outlook revision AA Negative
2/20/2001 Downgrade AA Stable
8/21/2000 Outlook revision AA+ Negative
2/16/2000 CreditWatch AA+ Watch Neg

Minneapolis, Minn.

10/25/2021 Outlook revision AAA Stable
9/9/2020 Outlook revision AAA Negative

New Orleans, La.

7/20/2022 Outlook revision A+ Stable
4/28/2022 CreditWatch A+ Watch Neg
8/6/2021 Downgrade A+ Stable
6/17/2021 CreditWatch AA- Watch Neg
5/1/2020 Outlook revision AA- Negative
9/7/2016 Upgrade AA- Stable
10/27/2015 Upgrade A+ Stable
3/10/2015 Upgrade A- Positive
12/9/2013 Upgrade BBB+ Stable
4/21/2009 Upgrade BBB Stable
8/2/2007 Upgrade BB Stable
12/4/2006 Outlook revision B Stable
11/10/2005 Downgrade B Watch Dev
8/30/2005 CreditWatch BBB+ Watch Neg

New York, N.Y.

5/18/2021 Outlook revision AA Stable
12/8/2020 Outlook revision AA Negative
6/5/2007 Upgrade AA Stable
5/22/2006 Upgrade AA- Stable
5/17/2005 Upgrade A+ Stable
5/27/2003 Outlook revision A Stable
11/26/2002 Outlook revision A Negative
9/13/2000 Upgrade A Stable

Philadelphia, Pa.

4/20/2023 Outlook revision A Positive
4/17/2020 Outlook revision A Stable
11/21/2019 Outlook revision A Positive
3/23/2018 Downgrade A Stable
11/7/2016 Outlook revision A+ Negative
12/23/2013 Upgrade A+ Stable
6/14/2013 Upgrade A- Stable
4/3/2012 Upgrade BBB+ Positive
3/28/2011 Outlook revision BBB Positive

Phoenix, Ariz.

12/20/2013 Downgrade AA+ Stable
5/21/2007 Upgrade AAA Stable

San Diego, Calif.

8/6/2019 Outlook revision AA Stable
5/16/2018 Outlook revision AA Positive
12/20/2013 Upgrade AA Stable
4/23/2012 Upgrade AA- Stable
12/23/2009 Outlook revision A Stable
5/15/2008 New Rating A Positive
9/20/2004 Rating Withdrawn NR NR
2/23/2004 Downgrade AA- Watch Neg
7/17/2001 Outlook revision AA Stable

San Francisco, Calif.

4/22/2024 Outlook revision AAA Negative
4/7/2022 Outlook revision AAA Stable
2/3/2021 Outlook revision AAA Negative
2/5/2019 Upgrade AAA Stable
3/7/2018 Outlook revision AA+ Positive
10/8/2013 Upgrade AA+ Stable
4/15/2013 Outlook revision AA Stable
4/20/2011 Outlook revision AA Negative
4/27/2005 Outlook revision AA Stable
3/10/2003 Outlook revision AA Negative
5/16/2000 Upgrade AA Stable

Seattle, Wash.

4/17/2012 Outlook revision AAA Stable
2/9/2011 Outlook revision AAA Negative
8/1/2001 Upgrade AAA Stable

St. Louis, Mo.

5/26/2021 Outlook revision A+ Stable
6/1/2020 Outlook revision A+ Negative
5/19/2008 Upgrade A+ Stable
5/30/2006 Upgrade A Stable

Tampa, Fla.

9/12/2014 Upgrade AAA Stable
2/13/2012 New Rating AA+ Stable

This report does not constitute a rating action.

Primary Credit Analyst:Jane H Ridley, Englewood + 1 (303) 721 4487;
jane.ridley@spglobal.com
Secondary Contact:Sarah Sullivant, Austin + 1 (415) 371 5051;
sarah.sullivant@spglobal.com
Additional Contacts:Dylan Lindow, Boston +1 6175308033;
dylan.lindow@spglobal.com
Aidan Shea, New York;
aidan.shea@spglobal.com

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