Cobb Receives AAA Ratings
Chairman Tim Lee said the county is in strong financial standing.
Cobb County was recently recognized for its fiscal responsibility by the top three bond rating agencies, Fitch Ratings, Moody’s and Standard and Poor’s. Fitch assigned its highest rating for tax anticipation notes issued to Cobb, and also affirmed the AAA rating on bonds issued by Cobb Solid Waste Management Authority. The rating agency stated in a press release that the county’s “general fund operating results were strongly positive for the second consecutive year in fiscal 2012.” According to Cobb Commission Chairman Tim Lee, some of the key rating drivers include sound cash flows, stable operating results, low debt, credit profile, a favorable economic profile and budgetary balance in fiscal 2013 and 2014. "This confirms the county’s …
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