CUSIP 1448797S6
- ISIN: US1448797S60
- Entity Name: County Commissioners of Carroll County
- Sector: Municipal
- Announcement Date: 24-Jun-2014
- Effective Date: *****
- Issue Date: *****
- Maturity Date: 01-Nov-2034
- Country of Issuer: United States
- Region: N.Amer
- Issue Currency: United States of America Dollars
- CA Type: Rating Upgrade
- News: Moody`s Investors Service has assigned a Aaa rating to Carroll County, MD`s $25 million general obligation (GO) Public Improvement Bonds of 2018. Concurrently, we have upgraded to Aaa from Aa1 the rating on the county`s $272 million of rated outstanding parity GO debt. The outlook remains stable. RATINGS RATIONALE The upgrade to Aaa is based on the ongoing expansion of the county`s large tax base and growing revenue streams, resulting in a consistently healthy and stable financial position. The Aaa rating also incorporates the county`s beneficial location near the Baltimore-Washington metro area, above-average resident wealth levels, comprehensive fiscal policies and planning, and manageable debt and pension burdens. RATING OUTLOOK The stable outlook reflects the continued growth of the county`s tax base, which derives stability from its location near the District of Columbia (Aaa stable) and the City of Baltimore (Aa2 stable). The outlook also factors in the county`s healthy financial position and adherence to formal financial and debt policies, which will likely continue to support stable financial operations going forward.
- Description: Municipal Name: County Commissioners of Carroll County CUSIP: 1448797S6 Currency: USD County Commissioners of Carroll County announced today that the Moody s Investors Service has upgraded the ratings of the Series 2016, Consolidated Public Improvement And Refunding Bonds from Aa1 to Aaa.
- Bond Document: https://www.bondpdf.com/
- Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US1448797S60
