Camden County Credit Rating Raised!
On behalf of the Camden County Commission, I am pleased to announce that Standard and Poor’s has “raised our credit rating from “AA-“to “AA” while affirming the stable outlook.” The rating letter, dated February 23, 2018, confirms the improvement in the counties financial status that was asserted a few months ago when we refinanced county bonds for major structural repairs to the Camden County Justice Center. Take a look below to view a recent press release regarding the improved credit rating of the county:
"S&P Global Ratings has reviewed the rating of the above-listed obligations. Based on our review, we have raised our credit rating from "AA-" to "AA" while affirming the stable outlook. A copy of the rationale supporting the rating and outlook is enclosed."
This is the result of a lot of hard work by the entire Camden County Commission, who sets the budget. We worked as a team, in cooperation with many other elected officials and employees to make this happen. It is worth noting that Camden County was able to achieve this improved credit rating while also giving county employees the first significant pay raise in a decade.
We are so proud to make the announcement that the Camden County's S&P credit rating has been raised to an "AA" from an "AA-". Just another way the county is making improvements! As your presiding Commissioner of Camden County, Greg Hasty takes great pride in this accomplishment. Now time to focus on more improvements. Stay tuned to hear more about changes taking place in our great county!
"S&P Global Ratings has reviewed the rating of the above-listed obligations. Based on our review, we have raised our credit rating from "AA-" to "AA" while affirming the stable outlook. A copy of the rationale supporting the rating and outlook is enclosed."
This is the result of a lot of hard work by the entire Camden County Commission, who sets the budget. We worked as a team, in cooperation with many other elected officials and employees to make this happen. It is worth noting that Camden County was able to achieve this improved credit rating while also giving county employees the first significant pay raise in a decade.We are so proud to make the announcement that the Camden County's S&P credit rating has been raised to an "AA" from an "AA-". Just another way the county is making improvements! As your presiding Commissioner of Camden County, Greg Hasty takes great pride in this accomplishment. Now time to focus on more improvements. Stay tuned to hear more about changes taking place in our great county!
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