March 15, 2012
For Immediate Release
Contact: Tim Schram
Standard & Poor's Assigns A+ Rating to City of Cokato
Savings Over $72,000 in Bond Payments
ROSEVILLE, MN - March 15, 2012 - Citing conservative budget practices and its ability to maintain a strong fund balance despite the economic downturn, the City of Cokato is now an A+ rated community by Standard & Poor's.  The City's strong reserves put it in position to deal with reductions in state aids and other proposed changes included in the State budget proposals. The resulting Refunding Bonds will save the City over $72,000 in bond payments over the next 10 years, which is over 7% of the refunded principal.

About Ehlers 

Ehlers, an independent public finance advisor for over 50 years, is ranked third nationally in number of competitive sales advised (Source: Thomson Financial: 1-888-989-8373). Our goal is to expand public sector clients' horizons and achieve practical solutions at the lowest cost to taxpayers. Our only allegiance is to the communities whom we serve. Our success is the result of established long-term relationships, hard work, and years of experience. Ehlers works with counties, cities, townships, school districts, agencies, and other governmental units to build better communities through the products and services we offer: Debt Issuance Services, Economic Development and Redevelopment, Financial Planning, and Strategic Communications. Visit for more information.


About the City of Cokato 

40 minutes west of the Twin Cities area along the bustling Highway 12 corridor, Cokato offers a wide choice of housing for new residents of all ages, a fantastic school system, and a country feel. Making the Cokato area attractive to outdoor enthusiasts are lakes for fishing, hiking, biking, and snowmobile trails. Affordable lakefront, senior housing, rural acreage or in-city housing and available building lots means there is considerable opportunity in the Cokato area. A wide choice of job opportunities exist within the region with major manufacturing businesses located both in Cokato and nearby cities. The combination of small town neighborhoods, friendly people and low stress living, combined with easy access to big city amenities makes Cokato a perfect place to call home. Visit for more information. 




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