A recent development in the city's financial standing has occurred with a credit rating upgrade from Moody's. This upgrade is notable as it is the city's first in years. The upgrade comes nearly a decade after the city's rating was downgraded.
At that time, low oil prices and high debt were cited as factors. Further information on what this upgrade could mean for Houston residents is available from Houston Public Media, including potential implications of the improved rating.
Recent coverage curated from local and regional sources.
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