Current Weather 52° F

  • Public Information

    County Garners Outstanding Financial Rating

    Jefferson County has recently learned that Fitch Ratings, the global rating agency with headquarters in New York and London, has affirmed its "AA” rating of the county’s following revenue bonds:

    • $22.4 million open space sales tax bonds, series 2005;
    • $56.9 million open space sales tax bonds, series 2009;
    • $19.5 million open space sales tax bonds, series 2010.

    “The rating shows how we continue to be good financial stewards of taxpayer dollars,” said Commissioner Donald Rosier.

    The assessment concluded the county’s rating outlook is stable, and according to the report, “the rating reflects the county's strong general credit characteristics, evidenced by a history of large financial reserves, conservative budgeting, and effective cost controls.”

    Commissioner John Odom adds, “This is truly great news to hear about the county and I am pleased with our continued efforts to maintain our high financial rating.”

    “Congratulations to County Administrator Ralph Schell, Administrative Services Director Todd Leopold and our staff for such an outstanding achievement,” said Commissioner Faye Griffin.

    August 15, 2012

    Last Updated: 6-19-2013