November 13, 2014

County Maintains Coveted Triple-A Bond Rating

Montgomery County has maintained its Triple-A bond rating from three Wall Street bond rating agencies, which enables the County to sell long-term bonds at the most favorable rates, saving local taxpayers millions of dollars over the life of the bonds.

The rating also serves as a benchmark for numerous other financial transactions, ensuring the lowest possible costs in those areas, as well.

Fitch, Moody’s and Standard & Poor’s all affirmed the “AAA” rating – the highest achievable -- for the County. They all termed the outlook for Montgomery County as “stable.”

Read more information in the news release.