For Immediate
Release:
August 5, 2026
Commissioners announce Triple A bond
rating from all three major financial rating agencies
FREEHOLD, NJ – The Monmouth County Board of County
Commissioners is proud to announce that the County has maintained its Triple A
bond rating with all three major financial rating agencies, Fitch, Moody’s and
Standard & Poor’s .
“My fellow Commissioners and I are proud to announce
that Monmouth County has once again earned Triple A bond ratings from Fitch,
Moody’s and Standard & Poor’s and remains one of 48 counties in the Country
and the only county in State of New Jersey to earn this designation,” said
Commissioner Director Thomas A. Arnone. “Maintaining the highest possible
ratings reflects our commitment to responsible financial management, strong
fiscal planning and low debt levels. These ratings also allow the County to
borrow at lower interest rates and partner with municipalities to help reduce
costs for taxpayers.”
“Earning Triple A bond ratings from all three major
rating agencies is a testament to the County’s disciplined financial planning
and long-term fiscal stability,” said Commissioner Deputy Director Dominick
“Nick” DiRocco, liaison to the Department of Finance. “These ratings serve as
our financial report card and we are proud that the agencies continue to
recognize our commitment to sound budgeting and responsible stewardship of
taxpayer dollars.”
The Triple A bond rating also has a positive impact
on the County’s 53 municipalities.
“Maintaining our AAA bond rating is one of the most
valuable ways Monmouth County supports our municipalities,” said Commissioner
Director Arnone, liaison to the Monmouth County Improvement Authority (MCIA).
“Because of this top-tier rating, the County is able to offer significantly
lower borrowing rates through the MCIA, helping our local communities finance
critical investments and essential equipment. It's a strong example of how our
partnership with all 53 municipalities delivers real savings for taxpayers
while ensuring our communities have the resources they need.”
For news and alerts from Monmouth County,
visit www.visitmonmouth.com or follow @MonmouthGovNJ on Facebook X and Instagram.
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