Gov. Nathan Deal would like you to know that Georgia has maintained its “AAA” bond rating from all three rating agencies.
That puts Georgia among the top 16% of states.
“Georgia is one of just eight states with the coveted triple-A ratings from all three rating agencies, and it is a reflection of the state’s commitment to sound fiscal management and the conservative leadership of our General Assembly.”
With the top-rating, it is easier for Georgia to borrow money.
According to Fitch, one of the bond rating agencies;
“The state’s longstanding ‘AAA’ rating and Stable Outlook reflect conservative debt management, a proven willingness and ability to support fiscal balance and a diversified economy. Despite economic weakness during the recession, the state’s economy has grown rapidly and diversified over time.”
Leave a Reply