Anne Arundel County has once again earned a Triple-A bond rating from all three major credit rating agencies, marking the fourth consecutive year the
county has received the highest possible designation.
The ratings were reaffirmed by Fitch Ratings, Moody’s Ratings, and S&P Global Ratings, placing Anne Arundel among a small group of counties nationwide (roughly 1.5%) to hold top-tier ratings across all three agencies.
“Since the beginning of my administration, we and our County Council have provided long-overdue investments in education, public safety, infrastructure, and economic opportunity for all. These Triple-A bond ratings are the result of those investments, and the willingness of our residents to pay for them,” said County Executive Steuart Pittman. “I am proud that all three rating agencies continue to acknowledge the success of that work.”
For counties, financial management often operates behind the scenes, but outcomes like a Triple-A bond rating offer a visible measure of how those practices are working. Beyond the designation, the most immediate effect of this is that the county will be able to borrow at lower interest rates. This facilitates a reduction in the cost of infrastructure projects, school construction, public safety facilities and other long-term capital investments.
To sum it all up, maintaining top-tier ratings reflects Anne Arundel’s continued focus on balancing:
- investments in services and infrastructure
- long-term fiscal planning
- and overall financial stability
