U.S. Transportation Secretary Announces Grants to Revitalize North Carolina’s Bus Infrastructure

Salisbury Transit / Monday, November 25, 2019 0 68010

The U.S. Transportation Secretary Elaine L. Chao announced that the Federal Transit Administration (FTA) will award $423 million in transit infrastructure grants nationwide to improve the safety and reliability of America’s bus systems and enhance mobility for transit riders.

Apply To The 2020 Salisbury Sculpture Show

The Salisbury Public Art Committee announces a call for entries for the 2020 Salisbury Sculpture Show. Artists are invited to submit their outdoor pieces for consideration in the award-winning art installation program by Friday, Dec. 20.

Salisbury Highlighted in Annual Public Safety Partnership Report

Police / Tuesday, November 19, 2019 0 64316

The city of Salisbury and the Salisbury PD have developed a strong working relationship with their local federal agencies in conducting investigations. These relationships were built through the National Public Safety Partnership (PSP). This initiative enables cities to consult with and receive intensive training and technical assistance (TTA) and an array of resources from DOJ’s programmatic and law enforcement components to help locations build sustainable capacities and reduce violent crime.

'Tis The Season Spectacular Returns To Town

Communications / Friday, November 15, 2019 0 48426

This community event will be Wednesday, November 27, 2019. The holiday parade will follow the route of main street through Spencer and Salisbury's historic downtowns. The parade will begin at 2 p.m. in Downtown Spencer and reach Downtown Salisbury at 3 p.m. The parade will present musical acts, floats and more.

Salisbury to host second BlockWork clean-up day

City of Salisbury / Thursday, November 14, 2019 0 63564

The Salisbury Community Appearance and Salisbury Housing Advocacy Commissions are inviting residents and businesses to participate in a continuation of last month’s “BlockWork” neighborhood beautification project in the 900 block of N. Main Street, has been rescheduled for Sunday, Nov. 24, from 2 p.m. until 5:30 p.m.

Christmas Bike Giveaway

The Salisbury Police Department is partnering with Gerry Wood Automobile Dealership on the 18th annual Christmas Bicycle Program. The program provides bicycles for less fortunate children who reside within the city limits. The bicycles are limited and preference will be given to children of families who are in the most need of assistance. Children must reside at the given address of the parent/guardian and applicants must live within the city limits of Salisbury.

Monthly Newsletter

	Title	Description
	11/2026	Forever For All Legacy Project Moves Forward \| Cultivating Community Conversations Series Continues \| Neighbors Helping Neighbors: BlockWork brings volunteers together to improve West Liberty Street
	10/2026	Downtown Parking Expands to Three Hours \| Get Ready for Frightful Fun in Downtown Salisbury \| Many Hands Make BlockWork Possible \| Creek Week Brings Community Together for Local Waterways
	09/2026	Explore and Learn During Rowan Creek Week \| Neighbors Helping Neighbors: BlockWork Returns for 2026 \| Loose Leaf Collection Begins in October for City Residents
	08/2026	Recycle Right with Salisbury’s New Recycling Program \| Review the Final Main Street Streetscape Plans \| Recycling FAQ
	07/2026	Salisbury Citizen’s Academy Applications Open for Fall \| City Council Adopts Fiscal Year 2026-2027 Budget \| Stay Safe and Healthy as Summer Brings the Heat \| Bike Ride with the Mayor Builds Community
	06/2026	FY27 Budget Process Nears Completion \| Celebrate America 250 to Feature Veterans Arch Dedication \| Community Conversation to Focus on Recycling \| Five Honored with Humanitarian Award
	05/2026	Celebrate Cheerwine in the Heart of Salisbury \| Salisbury to Launch City-Operated Recycling July 1 \| Salisbury City Council Sets FY27 Budget Schedule \| Statewide and Local Burn Bans In Effect
	04/2026	Forever for All: Honoring Mayor Karen Alexander \| Main Street Project Streetscape Update
	03/2026	City Council Sets Focus Areas for FY26-27 During Retreat \| Residents Invited to Share Input on FY27 City Budget \| City Teams Respond to Historic Winter Storm
	02/2026	Cheerwine Festival Returns to Downtown Salisbury \| Salisbury Launches New On-Demand Transit Service \| City Budget Process Begins
	01/2026	Human Relations Commission to Host 2026 MLK Celebration \| Wine About Winter Returns for 13th Year \| Salisbury City Council to Hold Annual Planning Retreat
	12/2025	City to Honor Alexander with Holiday Tree \| Microtransit Pilot to Expand mobility and Connectivity \| Keep Fog Out of Your Drains This Holiday Season
	11/2025	Major Projects Shaping Salisbury's Future \| Legacy Mural Feedback Needed \| Employee Spotlight: Vareno Scarborough
	10/2025	Rowan County Creek Week Returns \| Loose Leaf Collection Coming Soon \| Salisbury Police Safety Tips
	09/2025	Craft Beer Bubbles Over at BTG \| BlockWork: We’re Looking for Volunteers \| A New Addition to the Salisbury Sculpture Show
	08/2025	Beautify Your Block: City offers Grant Support \| Explore the Outdoors: Salisbury Parks \| Applications Now Open for the City of Salisbury Youth Council
	07/2025	A Night Out For Our Community \| Back-to-School Bash: Community Day \| Prepare For Hurricane Season
	06/2025	Lighting the Way and Giving Back \| Legacy Mural \| City Budget Review
	04/2025	Statewide Litter Sweep, Fair Housing Month, BlockWork Call For Neighborhoods, Sidewalk Poetry Call For Poets, Paint the Pavement Call for Artists
	02/2025	Tips For Cold Weather, Cheerwine Festival on May 17, Join A City Board, Tree Give-A-Away
	06/2024	EDK Awards \| Street Repaving \| City Budget \| Rec/Senior Center Survey \| Spruce Up Week
	12/2023	Public Art \| Holiday Decor Contest \| Main Street Project \| Winter Spruce Up Week
	12/2023	Public Art \| Holiday Decor Contest \| Main Street Project \| Winter Spruce Up Week
	11/2023	Holiday Events \| Toss The Grease \| Housing Survey \| Bike Giveaway \| Sculpture Show
	11/2023	Holiday Events \| Toss The Grease \| Housing Survey \| Bike Giveaway \| Sculpture Show
	11/2023	Holiday Events \| Toss The Grease \| Housing Survey \| Bike Giveaway \| Sculpture Show
	11/2023	Holiday Events \| Toss The Grease \| Housing Survey \| Bike Giveaway \| Sculpture Show
	11/2023	Holiday Events \| Toss The Grease \| Housing Survey \| Bike Giveaway \| Sculpture Show
	10/2023	Dixonville Cemetery Memorial Dedication \| Halloween Safety Tips \| Empowering Women in Law Enforcement \| Leaf Collection and Map
	10/2023	Dixonville Cemetery Memorial Dedication \| Halloween Safety Tips \| Empowering Women in Law Enforcement \| Leaf Collection and Map
	10/2023	Dixonville Cemetery Memorial Dedication \| Halloween Safety Tips \| Empowering Women in Law Enforcement \| Leaf Collection and Map
	10/2023	Dixonville Cemetery Memorial Dedication \| Halloween Safety Tips \| Empowering Women in Law Enforcement \| Leaf Collection and Map
	06/2023	Dive into Local Pool \| Humanitarian Awards \| Summer Spruce Up Week \| City Budget Updates
	06/2023	Dive into Local Pool \| Humanitarian Awards \| Summer Spruce Up Week \| City Budget Updates
	06/2023	Dive into Local Pool \| Humanitarian Awards \| Summer Spruce Up Week \| City Budget Updates
	02/2023	Protect Your Pipes This Winter \| Join A Board \| City Begins Budget Process \| Recycling In Salisbury \| Recycling Calendar
	02/2023	Protect Your Pipes This Winter \| Join A Board \| City Begins Budget Process \| Recycling In Salisbury \| Recycling Calendar
	02/2023	Protect Your Pipes This Winter \| Join A Board \| City Begins Budget Process \| Recycling In Salisbury \| Recycling Calendar
	02/2023	Protect Your Pipes This Winter \| Join A Board \| City Begins Budget Process \| Recycling In Salisbury \| Recycling Calendar
	02/2023	Protect Your Pipes This Winter \| Join A Board \| City Begins Budget Process \| Recycling In Salisbury \| Recycling Calendar
	02/2023	Protect Your Pipes This Winter \| Join A Board \| City Begins Budget Process \| Recycling In Salisbury \| Recycling Calendar
	02/2023	Protect Your Pipes This Winter \| Join A Board \| City Begins Budget Process \| Recycling In Salisbury \| Recycling Calendar
	02/2023	Protect Your Pipes This Winter \| Join A Board \| City Begins Budget Process \| Recycling In Salisbury \| Recycling Calendar
	02/2023	Protect Your Pipes This Winter \| Join A Board \| City Begins Budget Process \| Recycling In Salisbury \| Recycling Calendar
	02/2023	Protect Your Pipes This Winter \| Join A Board \| City Begins Budget Process \| Recycling In Salisbury \| Recycling Calendar
	02/2023	Protect Your Pipes This Winter \| Join A Board \| City Begins Budget Process \| Recycling In Salisbury \| Recycling Calendar
	02/2023	Protect Your Pipes This Winter \| Join A Board \| City Begins Budget Process \| Recycling In Salisbury \| Recycling Calendar
	02/2023	Protect Your Pipes This Winter \| Join A Board \| City Begins Budget Process \| Recycling In Salisbury \| Recycling Calendar
	12/2022	Sculpture Calls For Artists \| Winter Spruce Up Week \| Feedback On Our Future \| Be The Difference With A City Career \| Holiday Recycling
	07/2022	Sculpture Show \| Citizen's Academy \| Hurricane Season Tips \| West End Survey \| Council Approves Budget
	07/2022	Sculpture Show \| Citizen's Academy \| Hurricane Season Tips \| West End Survey \| Council Approves Budget
	07/2022	Sculpture Show \| Citizen's Academy \| Hurricane Season Tips \| West End Survey \| Council Approves Budget
	05/2022	New City Manager \| Cheerwine Festival \| Local Humanitarian Awards \| BlockWork Applications Open
	05/2022	New City Manager \| Cheerwine Festival \| Local Humanitarian Awards \| BlockWork Applications Open
	05/2022	New City Manager \| Cheerwine Festival \| Local Humanitarian Awards \| BlockWork Applications Open
	05/2022	New City Manager \| Cheerwine Festival \| Local Humanitarian Awards \| BlockWork Applications Open
	05/2022	New City Manager \| Cheerwine Festival \| Local Humanitarian Awards \| BlockWork Applications Open
	12/2021	Be A Part of Our Public Art \| SRU Recognized For Quality \| Don't let FOG Take Your Holiday Down the Drain
	12/2021	Be A Part of Our Public Art \| SRU Recognized For Quality \| Don't let FOG Take Your Holiday Down the Drain
	04/2021	School Officers \| New Look For Downtown \| Local Humanitarians Receive EDK Awards \| Employee Spotlight
	04/2021	School Officers \| New Look For Downtown \| Local Humanitarians Receive EDK Awards \| Employee Spotlight
	04/2021	School Officers \| New Look For Downtown \| Local Humanitarians Receive EDK Awards \| Employee Spotlight
	04/2021	School Officers \| New Look For Downtown \| Local Humanitarians Receive EDK Awards \| Employee Spotlight
	04/2021	School Officers \| New Look For Downtown \| Local Humanitarians Receive EDK Awards \| Employee Spotlight
	08/2019	Salisbury Youth Employees \| New SPD Initiatives \| Youth Baseball Camp \| Brewbury Fest Returns \| Recycling
	08/2019	Salisbury Youth Employees \| New SPD Initiatives \| Youth Baseball Camp \| Brewbury Fest Returns \| Recycling
	08/2019	Salisbury Youth Employees \| New SPD Initiatives \| Youth Baseball Camp \| Brewbury Fest Returns \| Recycling
	08/2019	Salisbury Youth Employees \| New SPD Initiatives \| Youth Baseball Camp \| Brewbury Fest Returns \| Recycling
	08/2019	Salisbury Youth Employees \| New SPD Initiatives \| Youth Baseball Camp \| Brewbury Fest Returns \| Recycling
	08/2019	Salisbury Youth Employees \| New SPD Initiatives \| Youth Baseball Camp \| Brewbury Fest Returns \| Recycling
	08/2019	Salisbury Youth Employees \| New SPD Initiatives \| Youth Baseball Camp \| Brewbury Fest Returns \| Recycling
	08/2019	Salisbury Youth Employees \| New SPD Initiatives \| Youth Baseball Camp \| Brewbury Fest Returns \| Recycling
	06/2019	Sculpture Show Returns \| Summer Camps \| Hurricane Season Tips \| Weather Alerts \| Pool Hours \| #PositiveGossip \| Employee Spotlight \| Summer Spruce Up \| Celebrate Garbage Man Day
	06/2019	Sculpture Show Returns \| Summer Camps \| Hurricane Season Tips \| Weather Alerts \| Pool Hours \| #PositiveGossip \| Employee Spotlight \| Summer Spruce Up \| Celebrate Garbage Man Day
	06/2019	Sculpture Show Returns \| Summer Camps \| Hurricane Season Tips \| Weather Alerts \| Pool Hours \| #PositiveGossip \| Employee Spotlight \| Summer Spruce Up \| Celebrate Garbage Man Day
	06/2019	Sculpture Show Returns \| Summer Camps \| Hurricane Season Tips \| Weather Alerts \| Pool Hours \| #PositiveGossip \| Employee Spotlight \| Summer Spruce Up \| Celebrate Garbage Man Day
	06/2019	Sculpture Show Returns \| Summer Camps \| Hurricane Season Tips \| Weather Alerts \| Pool Hours \| #PositiveGossip \| Employee Spotlight \| Summer Spruce Up \| Celebrate Garbage Man Day
	06/2019	Sculpture Show Returns \| Summer Camps \| Hurricane Season Tips \| Weather Alerts \| Pool Hours \| #PositiveGossip \| Employee Spotlight \| Summer Spruce Up \| Celebrate Garbage Man Day
	06/2019	Sculpture Show Returns \| Summer Camps \| Hurricane Season Tips \| Weather Alerts \| Pool Hours \| #PositiveGossip \| Employee Spotlight \| Summer Spruce Up \| Celebrate Garbage Man Day
	06/2019	Sculpture Show Returns \| Summer Camps \| Hurricane Season Tips \| Weather Alerts \| Pool Hours \| #PositiveGossip \| Employee Spotlight \| Summer Spruce Up \| Celebrate Garbage Man Day
	06/2019	Sculpture Show Returns \| Summer Camps \| Hurricane Season Tips \| Weather Alerts \| Pool Hours \| #PositiveGossip \| Employee Spotlight \| Summer Spruce Up \| Celebrate Garbage Man Day
	06/2019	Sculpture Show Returns \| Summer Camps \| Hurricane Season Tips \| Weather Alerts \| Pool Hours \| #PositiveGossip \| Employee Spotlight \| Summer Spruce Up \| Celebrate Garbage Man Day
	04/2019	Festival Music Lineup \| Locals Receive EDK Awards \| Business with the City \| SPD Foot Pursuit 5K \| City Nature Challenge
	04/2019	Festival Music Lineup \| Locals Receive EDK Awards \| Business with the City \| SPD Foot Pursuit 5K \| City Nature Challenge
	04/2019	Festival Music Lineup \| Locals Receive EDK Awards \| Business with the City \| SPD Foot Pursuit 5K \| City Nature Challenge
	04/2019	Festival Music Lineup \| Locals Receive EDK Awards \| Business with the City \| SPD Foot Pursuit 5K \| City Nature Challenge
	04/2019	Festival Music Lineup \| Locals Receive EDK Awards \| Business with the City \| SPD Foot Pursuit 5K \| City Nature Challenge
	04/2019	Festival Music Lineup \| Locals Receive EDK Awards \| Business with the City \| SPD Foot Pursuit 5K \| City Nature Challenge
	04/2019	Festival Music Lineup \| Locals Receive EDK Awards \| Business with the City \| SPD Foot Pursuit 5K \| City Nature Challenge
	04/2019	Festival Music Lineup \| Locals Receive EDK Awards \| Business with the City \| SPD Foot Pursuit 5K \| City Nature Challenge
	04/2019	Festival Music Lineup \| Locals Receive EDK Awards \| Business with the City \| SPD Foot Pursuit 5K \| City Nature Challenge
	04/2019	Festival Music Lineup \| Locals Receive EDK Awards \| Business with the City \| SPD Foot Pursuit 5K \| City Nature Challenge
	04/2019	Festival Music Lineup \| Locals Receive EDK Awards \| Business with the City \| SPD Foot Pursuit 5K \| City Nature Challenge
	02/2019	Cheerwine Festival Vendor Applications Open \| Get Involved, Apply Now \| Fair Housing Seeks Volunteers \| Council Retreat Open to Public \| Snow Safety \| Employee Spotlight \| Main St. Conference in Salisbury

Finance / Monday, March 1, 2021

/ Categories: News, Financial Services News

Fitch Ratings affirms rating for Salisbury’s water and sewer bonds

Fitch Ratings has assigned an 'AA-' rating to the City of Salisbury’s $39.9 million combined enterprise system revenue bonds, series 2020. In addition, Fitch Ratings assessed the city’s water and sewer system’s (the system) Standalone Credit Profile (SCP) at ‘aa-‘. The rating outlook is stable.

A press release issued by Fitch Ratings, the analytical conclusions stated “the system's operating risk profile is supported by a very low operating cost burden with elevated life cycle investment needs. Revenue defensibility reflects largely affordable rates, offset by stable demographic characteristics. The system is highly concentrated yet most customers are stable municipal and public entities.”

Key factors cited that contributed to the City’s credit ratings include:

Revenue Defensibility: Affordable Rates; Concentrated Economy.

The revenue defensibility assessment reflects the system's independent legal ability to set rates which are affordable for most customers, with stable service area characteristics. Service territory concentration concerns are somewhat mitigated by stable, long-standing customers.

Operating Risks: Very Low Operating Cost Burden; Stable Capital Plan.

The system's operating risks assessment takes into consideration a very low operating cost burden, with elevated life cycle investment needs, likely reflecting the system's preference for maintenance over replacement. Capital spending to support renewal and replacement needs is considered weak.

Financial Profile: Very Strong Financial Profile.

Declining leverage observed the past four fiscal years rose in fiscal 2020 with debt issuance, but is expected to fall again in Fitch's scenario analysis. Leverage is expected to remain below 3x. The liquidity profile is considered neutral to the assessment.

“I am very proud of the work our city management and finance team has been doing to ensure that we receive the best possible rating, said Shannon Moore. “It further confirms the work the team has been doing to ensure the City’s financial stability aligns with critical investments even in the midst of today's difficult financial and economic conditions. These efforts will continue to save our residents money over the long haul.”

66065

Newsroom

Attempted Bank Robbery

U.S. Transportation Secretary Announces Grants to Revitalize North Carolina’s Bus Infrastructure

Salisbury welcomes “Goodbye, Butterfly” film production

Filming begins next month on crime thriller

City of Salisbury provides operation schedule for the 2019 Thanksgiving Holiday

Apply To The 2020 Salisbury Sculpture Show

Salisbury Highlighted in Annual Public Safety Partnership Report

'Tis The Season Spectacular Returns To Town

Salisbury to host second BlockWork clean-up day

Cold weather safety to tips to keep your family safe

Christmas Bike Giveaway

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Fitch Ratings affirms rating for Salisbury’s water and sewer bonds