Park District continues with high quality credit score
On January 29, 2026, Moody’s Investors Service (“Moody’s”) affirmed the rating for Lemont Park District (the “District”) at Aa1. The rating was provided for the District’s General Obligation Park Bonds, Series 2026 (the “Bonds”), but applies to all the District’s outstanding General Obligation bonds and to the overall credit of the District. The Bonds will finance various capital improvements within the district, including improvements to Centennial Community Center, the CORE Fitness & Aquatic Complex, the development of Derby Farms Park, and the Tennis & Pickleball court project on 127th Street.
In its Credit Opinion, Moody’s highlighted several factors contributing to its rating, including the District’s strong and growing local economy, contributing to a strong resident income ratio. The District’s operating fund balance remains robust at 47%. Additionally, Moody’s noted with ample reserves after spend down for capital, careful budgeting, and responsible debt levels, the District maintained its Aa1 rating.
For a more detailed look at the Lemont Park District’s finances, including the Budget Snapshot, and additional financial documents, visit https://www.lemontparkdistrict.org/about/transparency-portal
Established in 1966, The Lemont Park District’s mission is to provide the very best parks and recreation experiences for the community while being safe and fiscally responsible.
