May 4, 2017

West Germantown and Water Quality Protection Receive Triple “AAA” Rating

Montgomery County’s Water Quality Protection Charge revenue bond series and West Germantown special obligation bond received the AAA bond rating, the highest possible rating from Fitch Ratings based on the County’s strength and credit quality.

Fitch, Ratings is one of the three nationally recognized rating organizations designated by the U.S. Securities Exchange Commission.

The AAA rating means the bond is the safest for the investor. The County strives to maintain the County's AAA General Obligation Bond debt rating and to actively invest the County's working capital to minimize risk while generating maximum investment income. These highest-level ratings reflect the County's growing and diverse economy, its substantial tax base, strong financial position, and strong financial management.