The HoCo is AAA again!!!

Good article about Howard County's AAA bond rating being awarded for the 14th year in a row!

This means that Howard County can receive the lowest interest rate possible in paying it's bonds, which of course helps tremendously in terms of debt servicing.  Moreover, the rating, as recently seen in the recent federal debt debacle, provides a commentary on a government's ability to manage its finances.

Now, on the flip side of this, critics of county government will pooh-pooh the bond rating, saying that the high rating is only earned because the county taxes residents too much, the local bureaucracy is bloated, blah blah blah.  To which I proudly say, poppycock!  Rather, the bond rating is representative of Howard's affluent population, diverse economy and reasonable debt burden.

So may the good times roll in Howard County for at least another year.  Maybe the county can put that bond rating to good use and get a few big-ticket projects funded.