🌐 Compiled from MSRB EMMA & public records · read-only public record · debt as of Sep 11, 2026 · latest trade Jun 9, 2026 · latest filing Oct 1, 2025
Credit ratings
not compiled
No agency ratings have been compiled for this issuer from EMMA’s per-security feed. This is a coverage gap, not a statement that the issuer is unrated — ratings may be stated on the official statements or the rating agencies’ own sites.
Maturity profile
par maturing by year · as of Sep 2026
Recent activity
rating actions & filings
Audited Financial Statements or ACFR filed
Oct 1, 2025 · Audited Financial Statements or ACFR: March 31, 2025 Gladstone …
Annual Financial Information and Operating Data filed
Sep 30, 2025 · Annual Financial Information and Operating Data: Financial Oper…
Annual Financial Information and Operating Data filed
Oct 1, 2024 · Annual Financial Information and Operating Data: FY March 2024 …
Failure to Provide Annual Financial Information filed
Sep 30, 2024 · Failure to Provide Annual Financial Information: Failure to Fil…
Annual Financial Information and Operating Data filed
Sep 29, 2023 · Annual Financial Information and Operating Data: Annual Audit a…
Failure to Provide Annual Financial Information filed
Oct 20, 2022 · Failure to Provide Annual Financial Information: 2022 Failure t…
In context
Larger than 28% of MI issuers by debt outstanding · #1045 of 1460
Debt overview
EMMA-derived
Outstanding par (EMMA est.)—
Securities9
Callable56%
Debt service
estimated principal + interest by year
Estimated at current coupons — principal at maturity plus a full year’s interest on bonds still outstanding. Compiled from EMMA security data; not a substitute for the official statement.
Outstanding securities
9
Outstanding securities for Gladstone Michigan
CUSIP
Series / description
Coupon
Maturity
Outstanding
Ratings
First call
376550DJ5
GLADSTONE MICH CAP IMPT LTD TAX GO BDS 2020 (MI)*
3.0%
Mar 1, 2027
$290,000
—
—
376550DK2
GLADSTONE MICH CAP IMPT LTD TAX GO BDS 2020 (MI)*
3.0%
Mar 1, 2028
$300,000
—
—
376550DL0
GLADSTONE MICH CAP IMPT LTD TAX GO BDS 2020 (MI)*
3.0%
Mar 1, 2029
$310,000
—
—
376550DM8
GLADSTONE MICH CAP IMPT LTD TAX GO BDS 2020 (MI)*
3.0%
Mar 1, 2030
$315,000
—
—
376550DN6
GLADSTONE MICH CAP IMPT LTD TAX GO BDS 2020 (MI)*
2.0%
Mar 1, 2031
$325,000
—
March 1, 2030
376550DP1
GLADSTONE MICH CAP IMPT LTD TAX GO BDS 2020 (MI)*
2.0%
Mar 1, 2032
$335,000
—
March 1, 2030
376550DQ9
GLADSTONE MICH CAP IMPT LTD TAX GO BDS 2020 (MI)*
2.0%
Mar 1, 2033
$340,000
—
March 1, 2030
376550DR7
GLADSTONE MICH CAP IMPT LTD TAX GO BDS 2020 (MI)*
2.0%
Mar 1, 2034
$345,000
—
March 1, 2030
376550DS5
GLADSTONE MICH CAP IMPT LTD TAX GO BDS 2020 (MI)*
2.0%
Mar 1, 2035
$355,000
—
March 1, 2030
Market activity
EMMA · secondary trades · latest Jun 9, 2026 · no prints in 90 days
Each dot is a reported secondary trade — yield by trade date, sized by par, colored by trade side. Hover for detail.
Trade dateSecurityPriceYieldSizeSide
Jun 9376550DL0100.432.84%65,000Inter-Dealer Trade
Jun 9376550DL0100.432.84%65,000Inter-Dealer Trade
Jun 9376550DL0100.432.84%65,000Customer Bought
Jun 9376550DL0100.782.70%20,000Customer Bought
Jun 9376550DL0100.432.83%20,000Inter-Dealer Trade
Jun 9376550DL0100.432.83%20,000Inter-Dealer Trade
Jun 8376550DL0100.682.74%25,000Customer Bought
Trade prints reported to the MSRB — a live market signal a manual issuer page cannot show.
⚠5 callable securities carry a stated call price — refunding candidates as rates move.
Recent rating actions
Moody's · S&P · Fitch · KBRA
S&P
NOTICE OF RATING CHANGE CITY OF GLADSTONE, STATE OF MICHIGAN GENERAL OBLIGATION BONDS BASE CUSIP: 376550 | NOTICE DATED: MAY 23, 20…
Rating actions as disclosed by the issuer to the MSRB’s EMMA system under SEC Rule 15c2-12; the ratings are the opinions of the respective rating agencies (Moody's, S&P Global Ratings, Fitch Ratings, KBRA). Dates are the rating-action dates stated in each notice.
Annual financial filings posted to the MSRB’s EMMA, newest first — a reporting-cadence signal. Click a year to open the filing.
8 continuing-disclosure filings compiled
Latest filing within the past year · latest posting 2025-10-01
Counts what BondGov has compiled from the MSRB’s EMMA — a coverage fact, not a compliance rating or a days-late claim. Contact routes show as on file only; the address itself is never published here. Verify on EMMA ↗
Standing
as of Sep 11, 2026
What the public record shows about this issuer’s disclosure practice. Compiled from the MSRB’s EMMA and from award letters governments record themselves. MuniPro confers no credential and issues no rating.
Credentials on record
Conferred by GFOA, recorded from the award letter. Never inferred.
Certificate of Achievement for Excellence in Financial Reporting
No receipt on file
Distinguished Budget Presentation Award
No receipt on file
Popular Annual Financial Reporting Award
No receipt on file
Nothing recorded here means nothing has been recorded — not that an award was withheld.
Dated obligations
Filings a law or contract puts a date on.
Not measured
MuniPro does not hold this issuer’s own continuing-disclosure undertaking date, so no filing is called late here. Why →
Record quality
Disclosure practice — not an assessment of creditworthiness.
Annual reporting compiled
2 of 3
2 of 3 reporting years (2023–2025) have an annual financial filing compiled from the MSRB’s EMMA. The denominator is MuniPro’s 3-year reading window — it is NOT a filing obligation, and a missing year here means no filing was compiled, not that one was owed and skipped.
Record freshness
Within the past year
The newest continuing-disclosure filing MuniPro has compiled for this issuer was posted 345 days ago. This is the age of the public record — it is not a lateness claim, because MuniPro does not hold the date this issuer’s undertaking sets.
Filing timeliness
Not measured
Timeliness needs the date this issuer’s own continuing-disclosure undertaking sets. MuniPro does not hold it, and will not substitute a generic interval.
Standing describes disclosure practice — not an assessment of creditworthiness. It is not a rating, a rank against other governments, or a MuniPro credential.
See the full computation →
Frequently asked questions
Outstanding securities, official statements, and continuing-disclosure filings are compiled from the MSRB’s EMMA system and other public records. This profile is auto-compiled and has not yet been claimed by the issuer.
No. BondGov aggregates public information for transparency. Nothing here is an offer, solicitation, or recommendation. Consult the official statement and your own advisors before investing.