The nation’s leading financial analysts on Wall Street determined that Cobb County will have a Triple AAA credit rating - the highest credit rating in the country -  for the 20th consecutive year. A report from Moody’s Investor Services commends Cobb’s healthy financial position.  It notes that the County’s smart financial management and proactive fiscal policies are an advantage in the ratings process.

Ratings are also based on the following factors:

-Diversity of the County’s economic base including a wide range of public and private sector employers;
-Conservative fiscal management;
-An unreserved general fund balance maintained at a required 9 %; and
-Low debt burden.

"I am proud of Team Cobb for putting in place policies and practices that have resulted in the earning the best bond rating in the Country for 20 years in a row. I look forward to working with the Board of Commissioners on developing the 2017 budget and prioritizing our spending to ensure that we can hold this elite rating for years to come.”

-Chairman Tim Lee

The Moody’s opinion points out the Cobb’s tax base will continue to grow due to the burgeoning development around SunTrust Park. In 2015, the private sector invested more than $300 million in the Cumberland area.

Cobb County is one of two counties in Georgia to hold this rating and among approximately only 45 in the nation.