Standard & Poor's Financial Services LLC

Carroll receives positive credit ratings

Carroll receives positive credit ratings

Carroll County received positive credit ratings, including one upgrade, from bond rating agencies after the county's annual bond review in New York.

Carroll received a AAA rating, the highest possible, from both Fitch Services and Standard and Poor's Rating Service. The county received an Aa1 rating, just one notch below AAA, from Moody's Investor Services.

The county announced its ratings in a news release Tuesday evening.

The AAA bond rating allows Carroll to pay the lowest interest rate on bonds, which fund capital projects in the county such as road or bridge repairs and facility upgrades to county owned buildings.

Carroll's next bond sale is set for Thursday...