Pitt County maintains high ratings from the three major national bond rating agencies - Standard and Poor’s, Fitch Ratings and Moody’s Investors Services - reaffirming their confidence in the county’s financial management and its economic outlook. Pitt County takes pride that it holds AA ratings from all three agencies, considering that less than 15% of debt issues taken to the public market by counties in general carry the AA rating.
Advantage of High Ratings
High bond ratings mean the county is able to sell General Obligation bonds to finance voter-approved capital projects at lower interest rates. The ratings also increase the value of existing General Obligation bonds for investors.