Weatherford Democrat

Local News

June 15, 2014

Willow Park receives upgraded bond rating

WEATHERFORD —

 

WILLOW PARK — Standard & Poor’s Ratings Services has upgraded the City of Willow Park’s bond rating to AA/Stable, signaling that Willow Park has a stable outlook in regards to its economy and a strong capacity to meet its financial commitments.

Previously the City had an AA- rating. Officials said this year’s upgrade is a sign of Willow Park’s continual fiscal responsibility. The change was based on economic development, budgetary performance, and the City’s commitment to fiscal excellence. The upgrade will allow the City to borrow money at lower interest rates officials said. Standard & Poor’s noted that the City has “sound budgetary performance, strong financial management, and budgetary flexibility.”

“We view the city’s management conditions as very strong, with strong financial practices,” the report says. “We consider Willow Park’s economy to be improving with participation in the broad and diverse Dallas/Fort Worth [metroplex].”

“This upgrade is a testament to the efforts of everyone at the City of Willow Park to maintain strong financial management practices,” City Administrator Matt Shaffstall said. Financially, the City of Willow Park is moving in the right direction. The City should continue to be even more focused on creating stronger policies, tighter budgeting processes, and smarter revenue enhancement strategies to continue this positive trend.

1
Text Only
Local News
  • 0727 loc peaster ffa.jpg Peaster FFA students attend state convention

    The 86th Texas FFA Convention was recently held in Fort Worth. Peaster’s Hannah Ford completed her year of service as a state officer. 

    July 27, 2014 1 Photo

  • Parker County Heritage Society to meet Aug. 19

    Parker County Heritage Society will meet Aug. 19 in the home of Nathan and Abby Hamessely at 410 W. Spring St. at 7 p.m. 

    July 27, 2014

  • AgriLife to offer parenting classes Aug. 19, 21

    The Texas AgriLife Extension Service of Parker County will offer parenting classes on Aug. 19 and 21, 2014, at the Parker County Agricultural Services Center. The classes will be from 1-5 p.m. each day and will include lunch. The cost to attend the class is $10 per person for the two-day class. Scholarships are available.

    July 27, 2014

  • CASA receives national certification for its efforts

    WEATHERFORD – CASA Hope for Children of Parker and Palo Pinto County has just been awarded certification by the National Court Appointed Special Advocate (CASA) Association. This certification recognizes that CASA Hope for Children is in compliance with National CASA’s high standards for quality child advocacy.

    July 26, 2014

  • 0725 loc whs ffa.jpg Weatherford FFA attends state convention in Fort Worth

    Members from the Weatherford FFA chapter attended the 86th annual Texas FFA State Convention July 14-18 in Fort Worth.

    July 26, 2014 1 Photo

  • DAILY RECORD: Marriages and deaths

    Marriages and deaths recorded from July 16, 2014 to July 22, 2014. This information is being provided as a courtesy by the Parker County Clerk. Every effort is made to see that the information is correct and complete. The Parker County Clerk is not responsible should there be an error within the information provided.

    July 25, 2014

  • Dept. of State Health Services releases Aug. schedules

    Texas Department of State Health Services immunization clinics for August:

    July 24, 2014

  • 0723 loc WC upward bound.jpg Traveling the path to success

    Several factors aligned to set Louriann Villa on the path to success including a mother she considers a hero, the Weatherford College Upward Bound program and scholarship funds.

    July 23, 2014 1 Photo

  • Weatherford DAR to host summer workshop

    Weatherford Chapter-DAR will be hosting the District II summer workshop with 94 members from across North Texas attending on Saturday, July 26, from 8:30 a.m. to 2 p.m. at North Side Baptist Church.

    July 23, 2014

  • Painting with a Twist/Painting with a Purpose

    Looking for a fun night out? Join us for the Parker Paws Painting with a Purpose fundraiser from 7-9 p.m. 

    July 20, 2014

Must Read
Top News
House Ads
AP Video
Rodents Rampant in Gardens Around Louvre House to Vote on Slimmed-down Bill for Border Looming Demand Could Undercut Flight Safety Raw: 2 Shells Hit Fuel Tank at Gaza Power Plant Raw: Massive Explosions From Airstrikes in Gaza Giant Ketchup Bottle Water Tower Up for Sale Easier Nuclear Construction Promises Fall Short Kerry: Humanitarian Cease-fire Efforts Continue Raw: Corruption Trial Begins for Former Va Gov. The Carbon Trap: US Exports Global Warming UN Security Council Calls for Gaza Cease-fire Traditional African Dishes Teach Healthy Eating 13 Struck by Lightning on Calif. Beach Baseball Hall of Famers Inducted Israel, Hamas Trade Fire Despite Truce in Gaza Italy's Nibali Set to Win First Tour De France Raw: Shipwrecked Concordia Completes Last Voyage Raw: Sea Turtle Hatchlings Emerge From Nest Raw: Massive Dust Storm Covers Phoenix 12-hour Cease-fire in Gaza Fighting Begins