The City of Indianola was recently given a credit score of “Aa2” by the bond rating firm Moody’s, one of the best ratings for municipalities. The rating was awarded due to strong growth over the past five years, and strong reserves that will remain so because of the city’s good budget management. The city was also given the best rating possible Aaa, for the criteria of city leadership such as budgeting, reserves, planning, and implementation of the budget. According to the city’s financial advisor, this will help lower the city’s borrowing costs for capital expenditures.