ANNAPOLIS, MD—Governor Larry Hogan on Tuesday issued the following statement after a meeting of the Board of Revenue Estimates: “The COVID-19 pandemic has caused an unprecedented fiscal crisis for state and local governments nationwide, which according to Moody’s Analytics will face $500 billion in shortfalls over the next two fiscal years, with more than 4 million jobs at stake. “Today’s […]
BALTIMORE COUNTY, MD—Amid the economic interruptions caused by the COVID-19 pandemic, Baltimore County on Wednesday announced it has maintained triple-A bond ratings from all three major rating agencies, allowing the county to continue issuing bonds at the lowest possible interest rate. This week, Moody’s Investor Service, Fitch Ratings, and S&P Global Ratings each reaffirmed the county’s triple-A rating, making Baltimore […]
HARFORD COUNTY, MD—Harford County held its annual bond sale on Tuesday, borrowing funds at the lowest interest rates in county history to pay for capital improvement projects. The county sold $40 million in consolidated public improvement bonds at 2% to winning bidder R.W. Baird & Co. The bonds will fund more than 70 projects including school facilities, roads, watershed restorations, […]
TOWSON, MD—Baltimore County has retained its triple-A bond ratings from all three major rating agencies, allowing the county to continue issuing bonds at the lowest possible interest rate. Moody’s Investor Service, Fitch Ratings, and S&P Global Ratings have each affirmed Baltimore County’s triple-A rating, making Baltimore County one of only 49 counties nationwide to receive the highest rating from all […]