Montgomery County Politicians Tout “Triple-A” Bond Ratings by Wall Street, But Rising Rates Mean Debt Service (Interest Costs) Will Rise

Like clockwork, an August press release by Montgomery County, MD government crowed “Montgomery County has maintained its “Triple-A” bond rating for 2022 from the three major Wall Street bond rating agencies.” But there is a glaring difference from the last time Montgomery County politicians put out such a positive spin on local … Continue reading Montgomery County Politicians Tout “Triple-A” Bond Ratings by Wall Street, But Rising Rates Mean Debt Service (Interest Costs) Will RiseContinue Reading