The City of London is being saluted for its sound fiscal management.
For the 38th straight year, Moody's has given the Forest City a credit rating of AAA.
That's the highest rating possible.
Moody's says the city should be credited for maintaining modest debt levels and operating under a prudent fiscal plan.
The credit agency adds the only cloud on the horizon is possible fiscal pressure resulting from pending contracts with police officers and firefighters.
