FREDERICK, Md. – Frederick County has achieved a significant financial milestone by earning AAA bond ratings from all three major bond rating agencies-Fitch, Moody’s, and Standard & Poor’s. County Executive Jessica Fitzwater announced this noteworthy accomplishment today, emphasizing the County’s strong fiscal management and strategic long-term planning.

“Earning AAA bond ratings from all three agencies is a remarkable achievement that underscores Frederick County’s commitment to responsible financial stewardship,” said County Executive Fitzwater. “This recognition reflects the dedication of our employees, whose expertise and hard work ensure our community remains vibrant and financially strong.”

These top-tier bond ratings place Frederick County in an exclusive group of jurisdictions nationwide, enabling the County to secure lower interest rates for essential public infrastructure projects, including schools, roads, libraries, and parks. Last month, county leaders met with credit analysts from the rating agencies to review the County’s financial reserve policies and fiscal management procedures, addressing critical needs and priorities.

The agencies’ reports cited Frederick County’s robust local economy, ongoing development across various sectors, and expected revenue growth. Analysts noted the County’s strategic location, median household income, population growth, and diverse economic profile as key factors contributing to its strong credit rating. They also highlighted the County’s well-established management practices and long-term planning that ensure financial stability.

For further information about the bond ratings and their implications, residents are encouraged to contact Division of Finance Director Erin White at 301-600-1193 or via email at EWhite@FrederickCountyMD.gov.