Kent County Dashboard
Cost of Government
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Trend Indicators
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=Trend is down, performance improving |
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=Trend is up, performance improving |
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=Trend maintaining, performance strong |
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=Trend is down, performance declining |
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=Trend is up, performance declining |
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=Trend maintaining, performance stable |
Legend:
Triple A - Extremely strong capacity to meet financial commitments. Highest rating.
Double A - Very strong capacity to meet financial commitments.
Single A - Strong capacity to meet financial commitments but somewhat susceptible to adverse economic conditions and changes in circumstances.
Triple B - Adequate capacity to meet financial commitments but more subject to adverse economic conditions.
Why It Matters
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The bond or credit rating is a measure of its financial reputation. A good credit rating enables a state to borrow money for construction projects and other needs at the most competitive rates available. This saves millions of taxpayer dollars in interest payments.
