All three national bond rating agencies recently affirmed Hilton Head Island's bond ratings and rating outlook, the town reported Friday.
Moody's rated the town Aaa, and Fitch Ratings and Standard & Poor's issued AA ratings.
The ratings affirmation applies overall to the town's general obligation bonds and upcoming general obligation refunding bonds.
Town manager Steve Riley said recent improvements in tourism-based revenues and efforts to create savings on planned expenditures during the economic downturn were contributing factors to the strong bond ratings.
"Realizing these savings is important to the Capital Improvement Program as the town seeks to reinvigorate the local economy and encourage redevelopment," Mayor Drew Laughlin said.