Frederick County Earns 3 AAA Bond Ratings

FREDERICK, MD (WJZ) — Frederick County has earned AAA bond ratings from each 3 major bond rating agencies, County Executive Jan Gardner announced today.

Fitch, Moody’s, and Standard & Poor’s each reaffirmed the county at the highest possible ratings based connected the county’s precise beardown fiscal government.

READ MORE: Comptroller Franchot Extends Tax Deadlines For Anne Arundel Co. Businesses Impacted Tornado

“This is large quality for Frederick County residents. Taxpayers volition prevention millions of dollars arsenic a effect of our AAA ratings,” Executive Gardner said.”

Frederick County is 1 of lone 49 counties successful the federation to earn AAA bond ratings from each three bond standing agencies.    Top ratings allow Frederick County to wage little involvement rates connected the operation of schools, roads, libraries, parks, and more.

READ MORE: 46-Year-Old Melissa Heyer Sentenced To Federal Prison For Submitting False Claims To U.S.

Credit analysts from each 3 standing agencies met with Gardner and different county leaders to reappraisal the county’s fiscal reserve policies, fiscal management, and plans to code clime alteration and infrastructure needs.

In their reports, the standing agencies highlighted Frederick County’s “vibrant economy,” noting that the County Government had “performed highly good done the pandemic.”

MORE NEWS: Application Process For 2022-2023 Magnet Programs Begins On Sept. 14

For further information, interaction Division of Finance Director Erin White at 301-600-1193 oregon via email at EWhite@FrederickCountyMD.gov.

CBS Baltimore Staff