Will County Maintains High Bond Rating; Keeps Strong Financial Position
JOLIET – S&P Global Ratings has assigned an AA+ and Moody’s Investor Services has assigned an Aa1 rating to Will County’s upcoming $175M bond issuance. This review process also resulted in an affirmation of these ratings to the county’s existing debt. The ratings were based upon key rating drivers such as healthy reserves supported by strong financial operations, a robust regional economy, and manageable long-term liabilities. Each agency also assigned a “stable outlook” to the county based upon these attributes.
“These great bond ratings are a reflection of the Board’s fiscally responsible policies and decisions over many years,” said Board Speaker Jim Moustis. “We were all elected to make sure resident’s tax
dollars are wisely spent and invested, and I am proud of the work we have done to achieve a strong financial standing in the eyes of global investors.”
“These great bond ratings are a reflection of the Board’s fiscally responsible policies and decisions over many years,” said Board Speaker Jim Moustis. “We were all elected to make sure resident’s tax
dollars are wisely spent and invested, and I am proud of the work we have done to achieve a strong financial standing in the eyes of global investors.”
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