MontCo keeps its AAA credit rating

Published July 26, 2011 4:00am ET



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.

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