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Franklin County's bond rating raised to AA1 by Moody's; county announces code training and community events
Summary
County administrator announced Moody's upgraded Franklin County's bond rating to AA1, joining Fitch and Standard & Poor's in rating the county one notch below AAA. Officials said the upgrade positions the county for more favorable borrowing and highlighted upcoming code training and community events in early January.
Franklin County Administrator Chris Carter told the Board of Supervisors on Jan. 2 that Moody's has upgraded the county's bond rating to AA1 from AA2, bringing Moody's in line with Fitch and Standard & Poor's, which the administrator said had the county rated one notch below AAA.
"I'm pleased to announce that since that time, Moody's has increased our bond rating to AA1," Carter said, adding that the upgrade reflects the county's fiscal management and positions it for…
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