Petaluma officials are fighting back against claims that the city ranks last in California for financial health.
A conservative think tank gave Petaluma an “F” grade in a recent online analysis. The Petaluma Argus-Courier reports the city strongly denies the claim, calling the analysis flawed and unsubstantiated. Officials point to Petaluma’s AA bond rating from Moody’s as proof of its strong financial position.
Petaluma is urging residents to ignore the social media claims and rely on professional financial assessments.