By Adam Pagnucco. Last fall, County Executive Ike Leggett proposed cutting the volume of new general obligation bonds issued by the county in future years and the County Council concurred…
debt
County Executive Ike Leggett is recommending that the County Council use money from current revenue and General Obligation bonds to fund a group of private capital projects. This came at…
Moody’s Threatens Downgrade to MoCo Bonds
Moody’s Global Credit Research, an agency that evaluates bond risk, has maintained its top rating on Montgomery County’s general obligation bonds for now but has placed the county “on review”…
Fitch Ratings Cautious on MoCo Budget
Following is the statement by Fitch Ratings, an agency that assesses bond risk, on the effect that Montgomery County’s budget problems may have on its creditworthiness. Currently, Fitch, like Standard…
How the Counties Spend Your Money, Part Four
Today, we examine total and per capita county spending in three categories: libraries, economic development and debt service.Here is total and per capita spending on libraries by county. Well-educated and…
