Henry County government sees improved bond rating

Henry County’s bond rating has been raised to AAA.
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Henry County’s bond rating has been raised to AAA.

Henry County government officials were notified at the beginning of the month that the county’s bond rating has been upgraded from AA-1 to AAA.

County manager Cheri Hobson-Matthews informed the Board of Commissioners at its Nov. 5 regular meeting. She said that only five other counties — Columbia, Cobb, Fayette, Forsyth and Gwinnett — his Georgia and 147 counties in the entire United States have the AAA rating, which she said signifies “a robust financial position.”

Matthews also noted that the new rating reflects a healthy and growing tax base and that the county has low debt burden and pension liability.