| The Lake Forest Caucus |
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Caucus Helps Maintain City’s AAA Rating
Mayor Mike Rummel
Recently, much has been made of the turmoil in the market. Many cities have had to consider the option of going Chapter 11. While Lake Forest is not immune to this financial upheaval, we are better equipped to handle it than many communities.
Our debt level is low for a community our size, and our AAA rating across the board puts us in a position that many communities envy. There are only 57 communities throughout the United States that have that ranking. When we are rated with Moody’s rating service, the “political climate” plays into our ranking. The Caucus system has served us well over the years. It continues to bring forth qualified candidates who have served our city well. This has not gone unnoticed in the financial community.
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