Fitch Ratings agency recently reaffirmed the AAA status on Birmingham's five general obligations bonds, a sign the city manages its finances well.
Things are looking good for Birmingham's financial outlook, as Fitch Ratings recently affirmed the AAA status on five of the city's general obligation bonds. General obligation bonds are issued when the city borrows money for special projects. Birmingham's general obligation bonds range from $1.48 million to $8.8 million, with the most recent bonds issued to pay for park renovations. According to City Manager Bob Bruner, the AAA bond rating is a sign of Birmingham's strong financial management and years of fiscal responsibility. "Birmingham's financial performance results from strong and proactive management, including long-term budgeting and capital planning," the report reads. "The city maintains good financial flexibility, including …
In total, 14 hotels and six restaurants in Michigan received the association's second-highest ranking for 2012.
A Birmingham hotel and restaurant were named among AAA's four-diamond lodgings and restaurants for 2012, according to a list released Friday. The Townsend Hotel and the Rugby Grille join 12 other Michigan hotels and five restaurants in receiving the automotive association's second-highest rating this year. No Michigan establishments received a five-diamond ranking for 2012. The Townsend has been a AAA four-diamond hotel since 1988, while the Rugby Grille has maintained its elite status since 2001. AAA's diamond rating system uses trained inspectors to evaluate lodgings and restaurants. Cleanliness, comfort and security of lodgings are rated during an unannounced inspection. Only 4.8 percent of the 31,000 lodgings approved by the AAA make …
42.54449
-83.21505
The Townsend Hotel
100 Townsend St, Birmingham, MI
/articles/townsend-hotel-rugby-grille-receive-aaa-four-diamond-ratings
711340
/locations/6243964
42.54449
-83.21505
Rugby Grille
100 Townsend St, Birmingham, MI
/articles/townsend-hotel-rugby-grille-receive-aaa-four-diamond-ratings
1760298
/locations/6243965
tim
12:28 pm on Friday, April 6, 2012
Maybe you can ask the city manager why they cut pet services for the city. GONE ! Now it is a storage facility. Hope no one loses their pet in Birmingham. Higher Admin raises, cutting police staff and massive money in the coffers. more ›