Commissioners Receive Good News On The Counties Bond Rating

By: WIBW (Kion Hudson)
By: WIBW (Kion Hudson)

TOPEKA, Kan. (WIBW)-- Shawnee County received positive news regarding its bond rating.

Financial Administrator Betty Griner told commissioners this morning that Moody Investors removed a negative outlook from the county's GO Debt.

The last GO bond rating was AA-2 with a negative outlook. The new bond rating was received october 1st, it is for the county's general obligation bond series for 2013.

Moody's definition of a negative outlook is greater than 50 percent chance within 18 to 24 months the rating may go down.


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