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Officials say Moody’s downgrade tied to fall in available fund balance; S&P unchanged
5968319 · September 8, 2025
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Summary
County staff reported Moody’s downgraded Merrimack County’s bond rating due to declining available fund balance; S&P rating remained the same and staff presented steps to rebuild reserves.
At a meeting of the Merrimack County Board of Commissioners, county finance staff reported that Moody’s had downgraded the county’s bond rating while S&P’s rating remained unchanged.
A finance staff member identified as Aaron told commissioners the downgrade reflected a decline in the county’s available fund balance over recent years. “We went from a…
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