Business, Health, Politics, Sci-Tech

Governor Hogan: COVID-19 ‘the biggest fiscal challenge we have ever faced’

ANNAPOLIS, MD—Governor Larry Hogan on Tuesday issued the following statement after a meeting of the Board of Revenue Estimates: “The COVID-19 pandemic has caused an unprecedented fiscal crisis for state and local governments nationwide, which according to Moody’s Analytics will face $500 billion in shortfalls over the next two fiscal years, with more than 4 million jobs at stake. “Today’s …


Business, Politics

Baltimore County retains coveted triple-A bond ratings

BALTIMORE COUNTY, MD—Amid the economic interruptions caused by the COVID-19 pandemic, Baltimore County on Wednesday announced it has maintained triple-A bond ratings from all three major rating agencies, allowing the county to continue issuing bonds at the lowest possible interest rate. This week, Moody’s Investor Service, Fitch Ratings, and S&P Global Ratings each reaffirmed the county’s triple-A rating, making Baltimore …


AAA-rated Harford County bonds sell at historically low rates; funds borrowed for schools, roads, environmental projects

HARFORD COUNTY, MD—Harford County held its annual bond sale on Tuesday, borrowing funds at the lowest interest rates in county history to pay for capital improvement projects. The county sold $40 million in consolidated public improvement bonds at 2% to winning bidder R.W. Baird & Co. The bonds will fund more than 70 projects including school facilities, roads, watershed restorations, …

Baltimore County retains triple-A bond ratings

TOWSON, MD—Baltimore County has retained its triple-A bond ratings from all three major rating agencies, allowing the county to continue issuing bonds at the lowest possible interest rate. Moody’s Investor Service, Fitch Ratings, and S&P Global Ratings have each affirmed Baltimore County’s triple-A rating, making Baltimore County one of only 49 counties nationwide to receive the highest rating from all …