Woodinville Water District Receives AAA Bond Rating

Standard & Poor’s Ratings Services (S&P) has assigned a rating of AAA to the

Standard & Poor’s Ratings Services (S&P) has assigned a rating of AAA to the . S&P were impressed with the District’s strong financial metrics, its excellent management team and its good and extensive financial management policies including maintaining a balanced budget, maintaining a minimum five year capital plan, a 60 day minimum operating reserve and exceeding legal rate covenants.  AAA is S&P’s highest rating and is a strong indicator of the financial health and strength of the District. This rating will assure that the District receives the lowest possible borrowing rates available.  

Woodinville Water District is the sixth largest water district in King County, serving roughly 50,000 people, with approximately 14,000 water connections and 2,800 sewer connections.  The District has been providing safe and reliable service with responsible rates since 1959.

--Information from Woodinville Water District