Forsyth County Earns Highest Bond Rating From Standard & Poor's

Forsyth County’s bond rating has been upgraded to the highest level possible by financial services company Standard & Poor’s, the county announced on its website.

According to the county, Standard & Poor’s upgraded the county’s bond rating from AA+ to AAA due to several factors, including the county’s strong economy and smart financial practices. Standard & Poor’s says that a AAA rating measures an entity’s long-term investment outlook and represents an “extremely strong capacity to meet financial commitments.”

The county said that its Moody’s credit rating, which was already at the highest possible level of Aaa, did not change.

“Forsyth County’s financial condition remains strong, as evidenced by the upgrade to our bond rating,” said County Manager Doug Derrer in a statement posted on the county’s website.

“The upgrade reflects the county’s strategic planning, the leadership provided by the Board of Commissioners, and the sound policies implemented by the board and carried out by our dedicated financial staff.”