Jan 25, 2010

Archived: Stearns County Bond Upgrade

Stearns County taxpayers will save money thanks to an upgrade to the county’s bond. Standard & Poor’s announced they have raised Stearns County’s bond rating from a AA to a AA+, which is only one level from the highest mark. The county’s management practice also was raised from a rating of standard to good. The news is beneficial to taxpayers because with the higher bond rating, interest rates dip, meaning residents can pay off loans or bonds quicker.

Thank You Underwriters

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