The county recently learned its Standard and Poor bond rating rose from an A+ to an AA, said
"Bond purchasers (investors) look at the ratings in order to judge the capacity for repayment," Davis said. "A higher bond rating, which equates to strong potential for repayment, often means lower interest rates on those bonds -- which means a lower cost for the taxpayers of the county."
The S&P upgrade was mainly due to a strong economy and access to the Asheville Statistical Area, as well as the county's lower unemployment rate, strong budgetary flexibility and an ...
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