Baltimore County’s AAA Bond Rating Reaffirmed

Baltimore County Executive Kevin Kamenetz announced today that Baltimore County has once again earned a triple-A bond rating from each of the three major rating agencies on Wall Street – Fitch Ratings, Standard and Poor’s, and Moody’s Investors Service. The triple-A rating is the highest rating awarded by all three main rating agencies, and fewer than one percent of the counties in the United States earn this prestigious recognition.

“After reading the most recent rating agency reports, I wish to express my grateful admiration of our fiscal team for the solid work behind these superior ratings,” said County Executive Kevin Kamenetz. “The expert management and financial discipline associated with our budgetary practices are exemplary, and these top bond ratings mean that we are able to spend much less in interest payments and invest those dollars where they belong – modernizing our aging schools, investing in public safety and rebuilding our aging infrastructure.”

Read more on the county’s website.

Michael Sanderson

Executive Director Maryland Association of Counties