Tag: Standard and Poor’s

Chatham County continues long streak of winning national audit award

Pittsboro, NC – Chatham County’s Finance Office once again has earned the top award from the Government Finance Officers Association (GFOA), a nationwide organization, for meeting its highest standards for the county’s comprehensive 2014-15 audit report. The Certificate of Excellence…

Chatham’s AAA bond rating puts county in select group

The week of October 14 brought great news for Chatham County from the two major bond rating agencies announcing upgraded bond ratings, including the highest rating of AAA from Standard and Poor’s. The higher ratings mean lower interest rates for bonds on projects like the new Agriculture & Conference Center. The good news also means that Chatham is in the select company of a few much larger counties. Only eight other much larger counties in the state and 89 counties in the entire nation had earned a AAA rating from Standard and Poor’s, as of 2013 Census reports.

Video of AAA rating news