Baltimore County has announced that it has maintained triple-A bond ratings from all three major rating agencies.

This allows the County to continue issuing bonds at the lowest possible interest rate and saves millions of dollars for County taxpayers.

“Baltimore County boasts a strong financial foundation and top bond ratings as a result of our focus on stability, resilience, and fiscal responsibility,” said Baltimore County Executive Kathy Klausmeier. “We are thrilled to have earned this honor once again and appreciate the diligent work of our team, which allows us to invest in critical projects while saving money during these uncertain economic times.”

Moody’s Investor Service, Fitch Ratings, and S&P Global Ratings have each reaffirmed – for the 30th consecutive year – the County’s triple-A rating, making Baltimore County one of only 2% of counties nationwide to receive the highest rating from all three agencies.

In their reports, the rating agencies highlighted a stable outlook and the county’s “diverse and substantial local economy that benefits from institutional presence and its status as a regional economic hub.”