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Fitch upgrades Washington County to AAA; leaders review outstanding bonds
Washington County Commission · August 21, 2024
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Summary
County officials reported Fitch upgraded Washington County’s credit rating from AA+ to AAA and reviewed the county’s limited outstanding bonds and payoff timelines, citing strong fund balances and lower borrowing costs if bonds are issued in the future.
An unidentified county finance official told the commission that Fitch Ratings upgraded Washington County’s credit rating from AA+ to AAA during the most recent review.
The speaker explained that the upgrade places the county among the highest-rated borrowers and should translate to lower interest rates…
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