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Bond Rating

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On August 2, 2017, Standard and Poor's (S&P) Financial Services advised the Village that it has assigned the community a rating of AA+ based on a stable financial outlook for the Village.

In making the decision to rate Elk Grove Village, S&P noted that Elk Grove has extremely competent management, strong budgetary performance, very strong economy, very weak debt and contingent liability profile, strong budgetary flexibility and liquidity. The stable outlook reflects Elk Grove Village's structurally balanced financial operations and anticipation it will maintain very strong budgetary flexibility and liquidity.