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Article: Standard & Poor's gives Ramsey County its AAA bond rating.(NEWS)
- Article from:
- Star Tribune (Minneapolis, MN)
- Article date:
- May 5, 2001
- Author:
CopyrightCOPYRIGHT 2001 Star Tribune Co. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Kevin Duchschere; Staff Writer
Ramsey County's bond rating was upgraded Friday by Standard & Poor's from AA-plus to AAA, the highest rating offered by the financial analysis company.
Julie Kleinschmidt, Ramsey County's budget director, said the improved rating reflects the region's healthy economy and the county's solid fiscal management.
Ramsey County already had a AAA rating from Moody's, another major bond rating house. High ratings suggest low risks for investors and ...