Montgomery County has maintained a AAA bond rating from all three credit-rating agencies, County Executive Isiah Leggett announced. The rating allows the county to continue issuing bonds — like the $580 million in bonds that will be issued Aug. 8 — at a favorable interest rate.
Leggett attributed the high credit rating to the county closing $2.5 billion in budget gaps over the last five years.
“We must maintain the sense of urgency that has compelled us to continue sober and serious fiscal planning, creating long-lasting solutions that are creating a stronger fiscal outlook,” he said.
