North Dakota's Watchdog Update

North Dakota's Watchdog Update

Guest Editorial: Is Fargo Headed For A Credit Crash?

Former Fargo City Commissioner writes about Moody's second downgrade in as many years, and what the warning signs that Fargo leaders appear to be ignoring.

Dustin Gawrylow's avatar
Dustin Gawrylow
Nov 13, 2025
∙ Paid

(The following is an OpEd submitted by former Fargo City Commissioner Tony Gehrig as a reaction to recent news that Moody’s has downgraded Fargo’s credit rating.)

Former Fargo City Commissioner Gehrig to host WDAY Radio show - KVRR Local  News

Fargo has a credit score equivalent to a college kid who pays for his DoorDash in installments. Why? Because special interest groups run our city.

In 2012, Fargo had an “Aa1” bond rating, which …

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