S&P Reaffirms Dutchess County's Bond Rating

Feb 27, 2018

Standard & Poor’s Global Rating Services has reaffirmed Dutchess County government’s bond rating.

S&P reaffirms the county’s AA+ bond rating as the county prepares to issue new bonds to fund various capital improvement projects including county building repairs and renovations; Dutchess Community College infrastructure improvements; and highway and bridge improvements. S&P, in its ratings report, noted the county’s very strong economy, strong management, strong budgetary performance and very strong liquidity, among other areas. Dutchess County Executive Marc Molinaro will highlight the county’s fiscal strength as part of his 2018 State of the County address February 28th at The Culinary Institute of America’s Marriott Pavilion in Hyde Park.