This week, Carroll County announced that all three major credit rating agencies—Fitch Ratings, Moody’s, and S&P Global Ratings—have reaffirmed the County’s AAA credit rating, the highest possible designation.

The upgrade to AAA reflects the County’s fiscal prudence and promises future benefits for its residents. The higher rating guarantees access to capital markets at the most favorable interest rates, supporting the County’s ability to invest in critical infrastructure and public services without increasing the tax burden.

On November 21, the County plans to issue $30 million in bonds to support a range of critical capital projects, including general government infrastructure, public schools, conservation efforts, and water resource management.

“Our Carroll County team visited the credit rating agencies in New York and delivered an excellent presentation highlighting Carroll County’s many strengths,” said Board of County Commissioner President Kenny Kiler. “The renewal of triple AAA ratings from S&P, Fitch, and Moody’s is a testament to the hard work of our committed staff and the County’s financial stability.”

Links to the credit agency reports are available on the Carroll County website.