Mayor Lori Lightfoot announced Wednesday that Standard & Poor Global Ratings had upgraded the city's water and sewer revenue credits by one notch each. In a news release, the Mayor's Office said the Water Second Lien Revenue Bonds had been raised to ‘A+’ from ‘A’ and the Sewer Second Lien Revenue Bonds had been raised to ‘A+’ from ‘A.’ In a statement, the mayor called the ratings upgrades proof of "the excellence of our City’s operational and financial management" and said they also "confirm that we have been making the right decisions, all along, to attract additional investment, boost economic vitality, and further strengthen our City’s finances."