Standard and Poor’s Financial Services has affirmed the City of Oneonta’s long-term rating of “AA-” on outstanding debt. According to the report, dated April 9, 2018, the City of Oneonta, with its strong management and good financial policies and practices, has been able to earn this rating despite Oneonta’s weak economy. Standard and Poor’s indicates a stable outlook for the City of Oneonta based upon its strong management and Oneonta Mayor Gary Herzig credits the leadership of Finance Director Meg Hungerford for the City’s excellent rating.