Three credit rating agencies have renewed their top ratings for Gwinnett County government.
Moody's, Standard and Poor's and Fitch Ratings recently gave the county top marks as it seeks to take advantage of low interest rates and refinance a 2003 bond used to pay for a jail expansion. Gwinnett could save as much as $1.8 million in interest by refinancing the debt.
Among other things, Moody's cited Gwinnett's ample reserves, conservative budget assumptions and diligent budget monitoring. Gwinnett has maintained its top credit rating since 1997.
Support real journalism. Support local journalism. Subscribe to The Atlanta Journal-Constitution today. See offers.
Your subscription to the Atlanta Journal-Constitution funds in-depth reporting and investigations that keep you informed. Thank you for supporting real journalism.