Lehi City has earned top credit ratings from Moody's and Fitch, two of the nation's leading financial rating agencies.
Moody's Investors Service assigned a rating of Aa2, and Fitch Ratings assigned an AA+ rating, reflecting strong confidence in Lehi's financial stability and management.
The ratings come ahead of the city's upcoming sale of water revenue bonds, authorized by the Lehi City Council on August 26, 2025, to finance a new public works facility and improve the city's culinary water and pressurized irrigation systems.
The bonds were authorized to bear interest rates of up to 5.
Author's summary: Lehi City receives top credit ratings from Moody's and Fitch.