TOWSON, MD—Baltimore County on Thursday announced that it has maintained its coveted triple-A bond ratings from Moody’s Investor Service, Fitch Ratings, and S&P Global Ratings, marking the 30th year in a row the county has achieved this top-tier creditworthiness. This distinction places Baltimore County among a mere 2% of counties nationwide to receive the highest rating from all three agencies.

The rating agencies cited the county’s “diverse and substantial local economy” and its role as a regional economic hub as contributing factors to the stable outlook and strong financial foundation.

“Baltimore County boasts a strong financial foundation and top bond ratings as a result of our focus on stability, resilience, and fiscal responsibility,” said Baltimore County Executive Kathy Klausmeier. She emphasized the significance of this achievement, stating, “We are thrilled to have earned this honor once again and appreciate the diligent work of our team, which allows us to invest in critical projects while saving money during these uncertain economic times.”

The triple-A bond ratings will allow Baltimore County to continue issuing bonds at the lowest interest rates possible, translating to millions of dollars in savings for county taxpayers.

This news comes as County Executive Klausmeier and Office of Budget and Finance Director Kevin Reed are engaged in their annual budget town hall series, gathering public input on spending priorities for Fiscal Year 2026. The County Executive is scheduled to present her proposed budget to the County Council on April 11, 2025.

This article was written with the assistance of AI and reviewed by a human editor.