Bond ratings show the Town remains in good financial condition, thanks in part to reserve balances and strong financial policies.
Strong ratings should further reduce debt payments on capital projects and ultimately save Huntersville taxpayers on interest costs for years to come as the Town constructs capital projects to meet its infrastructure needs.
On November 12, 2012, voters approved a $30 million bond package for street, public improvements and parks & recreation projects.
The Town’s bond authority was extended three years by the North Carolina Local Government Commission, following a public hearing and request by the Town in September 2019. The Town will sell the remaining $15.56 million worth of bonds to support road projects around the town in March 2020. In February 2020, both Moody’s Investors Service and Standard and Poor’s Financial Services reaffirmed the Town’s AAA rating, the highest achievable.