Congratulations to Chester County, PA, which just earned the rare "triple/triple" -- that is, they've received the top AAA bond rating from all three of the major government bond rating agencies.
Chester County is one of only 24 counties in the entire U.S. to attain this status, and the only one in the Commonwealth of Pennsylvania. This means that Chester County will save millions of dollars in interest on its bonds in the coming years.
“Receiving the highest rating reflects the county’s philosophy of managing for results,” said County Commissioner Carol Aichele.
Standard & Poor’s, which awarded the County a AAA rating last week, highlighted Chester County’s strong management practices including quarterly reports to elected officials and the voting public on budgeted numbers compared to actual results.
You can see the County's press release here. Congratulations to Chester County!
Chester County is one of only 24 counties in the entire U.S. to attain this status, and the only one in the Commonwealth of Pennsylvania. This means that Chester County will save millions of dollars in interest on its bonds in the coming years.
“Receiving the highest rating reflects the county’s philosophy of managing for results,” said County Commissioner Carol Aichele.
Standard & Poor’s, which awarded the County a AAA rating last week, highlighted Chester County’s strong management practices including quarterly reports to elected officials and the voting public on budgeted numbers compared to actual results.
You can see the County's press release here. Congratulations to Chester County!
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