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RIO RANCHO, N.M.— The City of Rio Rancho is proud to announce that, as a result of the City’s strong financial performance and improved financial policies, Moody’s Investors Service has upgraded the City’s general obligation unlimited tax (GOULT) rating to Aa2 from Aa3.

Moody’s is an internationally recognized risk assessment firm that provides services such as credit ratings, risk analyses, and research for stocks, bonds, and government organizations.