CUSIP 1448797T4

  • ISIN: US1448797T44
  • Entity Name: County Commissioners of Carroll County
  • Sector: Municipal
  • Announcement Date: *****
  • Effective Date: *****
  • Issue Date: *****
  • Maturity Date: *****
  • Country of Issuer: *****
  • Region: N.Amer
  • Issue Currency: *****
  • 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: *****
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