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The original item was published from 1/25/2012 11:14:38 AM to 2/4/2012 12:05:03 AM.

News Flash

County News

Posted on: January 25, 2012

[ARCHIVED] Roanoke County Receives Affirmation of AA+ Bond Rating FromFitch Ratings

ROANOKE COUNTY, VA (January 25, 2012) – Fitch Ratings this week affirmed
Roanoke County’s ‘AA+’ bond rating with a stable outlook. This news reflects the
County’s consistently good economic growth, financial practices, and policies that have
helped it maintain a strong financial performance despite a slowdown in the regional
economy.

Rating agencies periodically review the bond ratings of all municipalities. When
assigning a bond rating, agencies assess the following factors: economy, debt structure,
financial condition, demographic factors, and management practices. Roanoke County
staff members recently participated in a conference call with Fitch Ratings to provide an
update of the County’s economic development strategy and initiatives, the financial
strength and highlights of the County, and regional cooperative efforts since the
County’s last review in 2010.

Roanoke County maintains a ‘Aa1’ rating with Moody’s and AA+ with S&P.

Read complete release and Fitch report...

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