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Cobb County chair says county earned 29th consecutive AAA bond rating
Summary
The chair announced the county received notice of its 29th straight triple-A bond rating, saying the designation lowers borrowing costs and supports planning for infrastructure while lessening the burden on residents. He credited county management and the local business climate.
Chair opened the meeting by announcing that the county had received notice "last night of our 29th year, our 29th consecutive year of triple triple a bond rating." He framed the rating as recognition of "disciplined management, responsible budgeting" by the board, county manager and staff and said it helps the county attract investors and plan projects with "the least burden on" residents.
The chair said the rating gives residents confidence in local stewardship of tax dollars and in the county's ability to meet future needs. He linked the credit profile to continued infrastructure support for roads and businesses and urged residents to view it as evidence of stable financial management.
