The 'AA+' rating on West Des Moines, Iowa's GO bonds reflects the city's: Vibrant and growing economy; High wealth and income levels; Strong financial position, which is bolstered by a targeted fund balance policy; and Moderate debt burden. High carrying charges offset the above strengths. West Des Moines is immediately adjacent to Des Moines, Iowa ('AA+' GO debt rating) and Polk County ('AA+' GO debt rating). West Des Moines has experienced considerable population and development growth due to its proximity to Des Moines. The city has been actively annexing land and expanding its infrastructure to spur growth. Current population is almost 50,000, which is a 127% increase since 1980. Population estimates call for a 48% increase by 2025, reaching 74,000.
