Forsyth earns top rankings from financial ratings agencies
Forsyth County has again received the highest bond ratings available from the Moody’s and S&P financial services companies – ratings of Aaa and AAA, respectively, officials announced.
The agencies reviewed Forsyth finances in late June and provided the credit ratings in mid-July, according to David Gruen, chief financial officer for the county.
“These ratings help ensure that Forsyth County is able to finance our bonds at the lowest interest rates available,” Gruen said. “Ultimately this means savings for Forsyth County taxpayers.”
The 2019 ratings were influenced by the county’s strong management, financial policies and practices; large private employers including a growing technology sector; moderate residential growth; and high wages and low unemployment for residents, officials said.
