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For Immediate Release

County’s Triple A Credit Ratings Reaffirmed

Westminster, MD, Thursday, November 14, 2024 – Carroll County is pleased to announce that the county remains one of the elite jurisdictions in the country to receive a triple AAA bond rating.  Recently, the three major financial rating agencies, Fitch Ratings, S&P Global Ratings, and Moody’s reaffirmed Carroll County’s ratings of AAA/AAA/Aaa – the highest possible ratings a county can receive.

This rating is significant as it allows the county to finance capital projects at the lowest possible cost. The county plans to issue $30 million in new issue bonds at a November 21, 2024 bond sale with proceeds dedicated to various infrastructure and other capital investment projects for general government, public works, public schools, and conservation & water resources.

Links to the credit agency reports are available on the county Comptroller webpage.

“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 financial stability of the county.”

FOR IMMEDIATE RELEASE
Contact: Christine Cambareri
410-386-2043

The Americans with Disabilities Act applies to the Carroll County Government and its programs, services, activities, and facilities. Anyone requiring an auxiliary aid or service for effective communication or who has a complaint should contact The Department of Citizen Services, 410.386.3600 or 1.888.302.8978 or MD Relay 7-1-1/1.800.735.2258 or email ada@carrollcountymd.gov as soon as possible but no later than 72 hours before the scheduled event.