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(Unless otherwise indicated, this website is current as of February 7, 2011.)

Current Credit Ratings

Investors must read the relevant official statement and/or continuing disclosure annual report in their entirety to obtain information essential to making an informed investment decision. The information presented on this page is subject to change without notice. While this information has been obtained from sources believed to be reliable, the City offers no assurance that such information is current, does not guarantee the accuracy of this information, and is under no obligation to update any of it.

The Rating Agency Report Releases were prepared by the respective rating agencies. They are provided solely for the convenience of investors, and the City of San Diego disclaims any responsibility for the contents of the reports. An explanation of the significance of the respective ratings may be obtained from the corresponding rating agencies.

The table below contains the Current Rating and Outlook for each Type of Obligation and reflects (1) the April 16, 2010 Moody's Change to Global Scale Ratings, and (2) the Fitch Recalibration updates on May 3, 2010 to certain public finance ratings. Click on the rating in the table to view the Rating Agency Report Releases prepared by the respective rating agencies. Initial Rating Reports for specific bond issuances are available on the Official Statements Archive.

City of San Diego

Rating Agency	Rating	Outlook
Fitch (Implied GO Rating)	AA- (PDF)	Stable
S & P (Issuer Credit Rating)	AA- (PDF)	Stable
Moody's (Issuer Rating)	Aa3 (PDF)	Stable

Lease Revenue Bonds/Certificates of Participation

Rating Agency	Rating	Outlook
Fitch	A+ (PDF)	Stable
Moody's	A2 (PDF)	Stable
S & P	A+ (PDF)	Stable

Sewer Revenue Bonds

Rating Agency	Rating	Outlook
Fitch	AA (PDF)	Stable
Moody's	Aa3 (PDF)	Stable
S & P	A+ (PDF)	Stable

Water Revenue Bonds - Senior

Rating Agency	Rating	Outlook
Fitch	AA (PDF)	Stable
Moody's	Aa2 (PDF)	Stable
S & P	AA– (PDF)	Stable

Water Revenue Bonds - Subordinate

Rating Agency	Rating	Outlook
Fitch	AA– (PDF)	Stable
Moody's	Aa3 (PDF)	Stable
S & P	A+ (PDF)	Stable

Tobacco Settlement Asset Backed Bonds

Rating Agency	Rating	Outlook
Fitch	BBB+	Negative
Moody's	Baa1	Stable

Community Facilities District No. 2 Improvement Area No. 1

Rating Agency	Rating	Outlook
S&P	BBB+	Stable

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