Montgomery County Bond Ratings

Montgomery County is pleased to announce that it has received positive ratings from two of the leading bond rating agencies.  Moody's Investors Service has assigned an Aa1 rating to Montgomery County's Various Purpose General Obligation Refunding Bonds, Series 2010.  Standard & Poor's Ratings Services assigned its 'AA' long-term rating, and stable outlook, to Montgomery County.

Bond ratings measure the financial stability of an organization.  The Aa1 and AA ratings indicate safe investment with low risk of failure.  Both agencies take into consideration a wide variety of factors including the state of the local economy, the organization’s ability to pay its debt and the organization’s fiscal policies.

“It is incredibly rewarding to be recognized for fiscal responsibility during these difficult economic times,” said Montgomery County Commissioner Dan Foley.  “Montgomery County’s elected officials are committed to working together to make sound financial decisions that will save thousands of dollars in interest for our taxpayers.” 

 “These major accomplishments speak volumes about Montgomery County’s commitment to exceptional financial management,” added County Auditor Karl Keith.  “These ratings are testimonies to the hard work and effective management practices of county officials and staff who strive to make sound financial decisions.”

Moody’s Investor Service recently stated, “We believe the county's financial position will remain strong, despite substantial use of General Fund reserves in fiscal 2009, due to solid reserve levels at the start of the economic downturn. Additionally, management has demonstrated a willingness to enact expenditure reductions and is committed to maintaining a balanced budget going forward.”

Standard & Poor says “despite the use of reserves in fiscal 2009, the county’s overall financial operations remain very strong.”

News
Road Closure - Oxford Road in German Township
Paul Gruner, P.E., P.S., Montgomery County Engineer, wishes to announce that Oxford Road in German Township will be closing on or about Wednesday, October 1, 2014, and extending through November 2014.  Read More...
County Hosts Fellows from President Obama's Washington Fellowship For Young African Leaders
The Montgomery County Commissioners are currently hosting two Fellows from the Washington Fellowship for Young African Leaders.  Read More...
Grants Available for Recycling at Montgomery County Schools
Montgomery County Solid Waste District (MCSWD) is now accepting applications for the Buy Recycled Grant program.  Read More...
Dogs of Fall Adoption Fest - Saturday, September 20, 2014
International law firm WilmerHale is once again teaming up with the Montgomery County Animal Resource Center, the Humane Society of Greater Dayton and SICSA Pet Adoption Center for the "Dogs of Fall Adoption Fest" on Saturday, September 20, 2014 from 11 a.m. to 3 p.m.  Read More...
More News...