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The Debt Management Division manages the investment of surplus City funds and the financing of the City's capital needs and those of quasi-public agencies, such as the Greater Detroit Resource Recovery Authority, the Downtown Development Authority, and the Detroit Building Authority.  The Debt Management Division also administers the City of Detroit Deferred Compensation Plan.

The Debt Management Division includes the following sections:

      Bond Financing
     (313) 224-7244

      Investment
      (313) 224-3313

      Deferred Compensation
      (313) 224-3312


City of Detroit Bond Ratings
As of July 25, 2016
  Issuer Credit Rating (ICR)

  Outlook

Moody's

B2

  Stable

Standard & Poor's

B

  Stable

Fitch*



              

* Ratings for GLWA, Water and Sewer Bonds, not General City