Lane County’s High Credit Rating Reaffirmed By Moody’s
- 07/27/26
Citing “a strong financial position supported by prudent management”, Moody’s Investors Service has reaffirmed Lane County’s credit rating of Aa1, which is the second highest rating it provides, following an annual review.
“We have a duty to steward taxpayer resources, and we work hard to manage our expenses, structurally balance our budget and deliver critical services to our communities” said County Administrator Steve Mokrohisky. “A high credit rating for Lane County means lower costs to issue debt -- think of it like a lower interest rate -- and ultimately save our taxpayers millions of dollars over the coming years.”
Moody’s highlighted Lane County’s strong financial position, proactive management team and low debt as strengths. It also noted the overall stable outlook for Lane County is based on the “expectation that the county will maintain healthy reserve and liquidity levels, supported by a proactive management team.”
Lane County’s credit rating was improved from Aa3 to Aa2 in 2017 and again from Aa2 to Aa1 in 2019. Additionally, Lane County has been designated by its independent auditor, Baker Tilly, as a low-risk auditee for its excellent management of federal funds.
When evaluating an organization’s credit profile, Moody’s reviews many factors of financial health, including management strength, finances, debt and local economy. For more information about Moody’s rating methodology, visit www.moodys.com.
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Lane County’s High Credit Rating Reaffirmed By Moody’s
- 07/27/26
Citing “a strong financial position supported by prudent management”, Moody’s Investors Service has reaffirmed Lane County’s credit rating of Aa1, which is the second highest rating it provides, following an annual review.
“We have a duty to steward taxpayer resources, and we work hard to manage our expenses, structurally balance our budget and deliver critical services to our communities” said County Administrator Steve Mokrohisky. “A high credit rating for Lane County means lower costs to issue debt -- think of it like a lower interest rate -- and ultimately save our taxpayers millions of dollars over the coming years.”
Moody’s highlighted Lane County’s strong financial position, proactive management team and low debt as strengths. It also noted the overall stable outlook for Lane County is based on the “expectation that the county will maintain healthy reserve and liquidity levels, supported by a proactive management team.”
Lane County’s credit rating was improved from Aa3 to Aa2 in 2017 and again from Aa2 to Aa1 in 2019. Additionally, Lane County has been designated by its independent auditor, Baker Tilly, as a low-risk auditee for its excellent management of federal funds.
When evaluating an organization’s credit profile, Moody’s reviews many factors of financial health, including management strength, finances, debt and local economy. For more information about Moody’s rating methodology, visit www.moodys.com.
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