Public news and announcements are brought to you by the Horry County Public Information Office.
On January 23, 2017
in County News
Conway, South Carolina –Moody’s Investors Services has upgraded Horry County’s General Obligation bond rating from Aa2 to Aa1. This upgrade means Horry County now has the second highest possible credit rating from Moody’s. The upgrade gives the county the opportunity to receive lower interest rates on future borrowing and is a reflection of the improving local economy; and strong financial management by County Council and staff.
Moody’s recognized the county’s sizeable and diversify tax base as a credit strength. Moody’s also noted the county’s sound fund balance reserves that are bolstered by formal financial policies.
“Horry County is pleased that Moody’s recognized the strength of our local economy and financial management,” stated Horry County Council Chairman Mark Lazarus. “This achievement could not have been accomplished without the hard work of our highly qualified financial staff and the stewardship of all of our employees.”
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