After closer review, Portland's financial situation is just fine and the city deserves its top bond rating, credit evaluator Moody's has decided. Moody's announcement ends concern about the city's financial picture, which had been called into question by the credit-ratings agency in April. At the time, Moody's announced that Portland and nearly 30 school districts and cities would be reviewed for a "possible downgrade" over concerns about unfunded pension liabilities. A downgrade would have impacted Portland's "AAA" bond rating for debt covered by the city's general fund, resulting in higher interest rates. In Portland's case, the Fire and Police Disability and Retirement Fund caught Moody's attention. The annual liability to pay for retired or injured police and firefighters is now $105 million and is projected to hit $209 million in 2037.