S&P Affirms St. Louis’ Credit Rating with Stable Outlook
City’s Strong Financial Management and Reserves Recognized
St. Louis – November 4, 2025 – In a recent report, S&P Global Ratings (S&P) has reaffirmed the City of St. Louis’ credit rating of “A+” on its general obligations bonds and “A” rating on appropriating backed debt. The report also includes a stable outlook for both ratings. This recognition highlights the city’s strong financial management, robust reserves, and positive fiscal trends.
Despite ongoing challenges such as population decline and recovery from a recent tornado, S&P’s report acknowledges the city’s commitment to maintaining stability, transparency, and long-term planning. “The reaffirmation by S&P is a clear vote of confidence in the City of St. Louis’ sound fiscal management,” stated Comptroller Donna M.C. Baringer. “Even in the face of natural disasters, our dedication to financial stability and responsible planning continues to strengthen the city’s financial foundation.”
The report also highlights the city’s healthy reserve position of $436 million and its balanced fiscal year 2026 budget. S&P notes that the city’s budget discipline and proactive financial policies have helped maintain stability despite pressures from pension liabilities and other unforeseen circumstances.
S&P’s stable outlook reflects their expectation that St. Louis will sustain strong reserves and sound financial performance over the next two years. This reaffirms the city’s commitment to responsible financial management and protecting taxpayer dollars.
About Comptroller Donna M.C. Baringer
Comptroller Donna M.C. Baringer is the chief fiscal officer of the City of St. Louis and is charged with safeguarding the city’s credit rating and protecting taxpayer dollars. To learn more about the Office of the Comptroller, visit www.stlouismo.gov/comptroller.
