Rating Agencies Affirm Utilities' Strong Long-Term Credit Ratings
April 26, 2012
For the second time this year, Standard & Poor’s, Fitch Ratings and Moody’s Investors Services have affirmed Colorado Springs Utilities strong long term AA credit ratings (Standard & Poor’s), AA (Fitch Ratings) and Aa2 (Moody’s) for Colorado Springs Utilities’ 2012B Fixed Rate Revenue Refunding Bonds. Standard & Poor’s and Fitch Ratings assigned a stable outlook and Moody’s Investors Services maintained the negative outlook in place since 2010. Moody's has also maintained its review for downgrade the long-term Aa2 rating, first given in March of this year.

Only a handful of utilities in the nation have a stronger bond rating. Similar to a consumer's credit score, high bond ratings reduce the cost of borrowing, which contributes to low utility rates for our customers. 

Official Statement for Series 2012B Refunding Revenue Bonds (226-page PDF)

Annual Operating Plan and Budget, 5 Year Strategic Plan
The Annual Operating Plan uses a format and approach to provide readers with key financial information, analysis and statistics covering the budget and forecasted years of the five-year financial plan. PDF file is provided here: 2012 Annual Operating Plan and Budget.

Annual Report
The Annual Report provides the financial results for the year and comments on the outlook for the future. PDF files for each year are provided here. 
2011 Annual Report
2010 Annual Report
2009 Annual Report
2008 Annual Report
2007 Annual Report
2006 Annual Report
2005 Annual Report
2004 Annual Report