Camden County Credit Rating now AA

MoneyThe Camden County Commission is reporting that the county’s credit rating was recently updated. According to 1st district commissioner Kris Franken, the S&P credit rating agency announced to the county they are raising their rating from AA- to AA. According to Franken, the reason the agency raised their rating is due to the increases in the assed valuation for the county along with their improved outlook on future financials in the community. Franken says a huge positive with this announcement is that more creditors will now look at the county as more capable of paying loans off and may consider loaning more to the county for improvements and other items.

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