West Whiteland now is one of only six municipalities in Pennsylvania, out of over 2,500 statewide, with Moody’s Aaa bond rating. We also are one of only two municipalities statewide that join their county and school district in having a Aaa bond rating from Moody’s.
In determining its rationale for the rating upgrade, Moody’s pointed to West Whiteland’s strong and growing tax base, healthy reserves, sound financial policies and strong management. During the past three years in particular, they noted that increased residential and commercial development will raise approximately $800,000 in annual township revenue. Conservative budgeting, low debt levels, long-term planning and a commitment to maintaining strong reserves all contributed to Moody’s confidence in West Whiteland’s ability to sustain a strong financial position.
The Aaa bond rating reflects years of hard work and smart planning, and recognizes the trends that are making West Whiteland one of the best places to live and work.