Moody’s Renews Naperville Park District’s Aaa Bond Rating

Monday, June 10, 2024

Moody’s Ratings has renewed the Aaa rating assigned to the Naperville Park District, indicating the continued financial strength and stability of the organization. The Naperville Park District has maintained this top bond rating since 2008. Moody’s recently reviewed the Naperville Park District’s entire debt profile and renewed the Aaa rating. The rating was also assigned to the Park District’s proposed $6.2 million General Obligation Limited Tax Refunding Park Bond, Series 2024.

According to the report submitted by Moody’s, the rating “reflects the District’s large and affluent tax base that benefits from its location in the western suburbs of Chicago. The district’s strong financial performance is supported by growing property tax revenue and charges for services.”

For a more detailed look at the Naperville Park District’s finances, including the District’s Annual Comprehensive Financial Report, Budget Snapshot, and additional financial documents, visit