One of the nation’s major credit agencies reaffirmed Forsyth County’s perfect bond rating recently with a AAA rating from Fitch. This follows a AAA rating from Moody’s and AAA rating from Standard & Poor (S&P) in February 2022.

With this recognition, Forsyth County has now reaffirmed it has the highest possible bond ratings and the resulting lowest cost of borrowing, from all three major U.S. bond rating services. Forsyth County is one of only a handful of counties in Georgia to receive this designation.

“Forsyth County’s perfect bond rating reflects our strong local economy, diverse tax base and responsible financial management,” said Forsyth County Manager David McKee. “Congratulations to our Chief Financial Officer Brian Clark, finance staff, and most importantly the citizens, on this outstanding achievement.”

Paramount to the reaffirming of the highest bond ratings was the continued strength of the Water & Sewer Authority and their disciplined management in regard to revenue and expenditure controls.

The County’s excellent credit ratings make County-issued bonds more attractive to potential investors.

In its announcement of Forsyth County’s bond rating, Fitch noted, “Forsyth County’s financial resilience is driven by the combination of its ‘high’ revenue control assessment and ‘high’ expenditure control assessment, culminating in an ‘ample’ budgetary flexibility assessment.”