Dear Park District Residents,
On behalf of my office, I would like to take this opportunity to inform you Standard and Poor's has reaffirmed the Plainfield Park District's ‘AA’ credit rating, following a thorough review. The credit rating agency periodically updates its ratings based on audits and other disclosure documents sent by governments and various other third party sources.
In late July, park district staff received a questionnaire requesting details regarding the local economy, district financial management and budget practices. Maintaining the full faith and credit of the Plainfield Park District is, of course, an important component of our long term fiscal solubility. I am confident the district's sound and consistent practices will enable it to uphold this outstanding rating going forward, through sound and consistent practices.
President, Plainfield Park District