Bucks County Gets AAA Credit Rating

Bucks County has again received a Triple A rating from Moody’s, Standard & Poor’s Rating Services, the county announced Monday.

Bucks County is one of three AAA-rated counties in the state.

“These ratings confirm that the financial course we have charted is continuing to pay off for the residents and taxpayers of Bucks County,” Commissioner Chairman Robert G. Loughery said.

“This is a significant achievement that did not happen overnight. It’s about a long-term, disciplined approach. We are extremely pleased that both Moody’s and Standard & Poor’s have recognized that approach by reaffirming the Triple-A rating we have achieved during recent years.”

In its report, Moody’s expressed a stable outlook for Bucks County. “Bucks County has solid management evidenced by recent conservative budgeting and modest operating surpluses,” the Moody’s report said.

Commissioner Vice-Chairman Charles H. Martin hailed the ratings, adding, “these Triple-A ratings validate our emphasis on sound financial management.”