...The 'AAA' issuer default rating (IDR) and bond ratings reflect the city's broad budgetary tools, supplemented by reserves, and limited revenue volatility (inclusive of sales taxes). These factors combine to provide the city with a high level of operating flexibility and anticipated financial resilience throughout the economic cycle. Modest population gains and development underway or planned should maintain the city's solid pace of revenue growth. These trends should also keep the long-term liability burden low. Fitch expects expenditure flexibility to remain solid....