S&P Reaffirms Orange County’s AA+ Bond Rating, Praises Strong Fiscal Management

S&P gave Orange County the second-highest rating possible.

Downtown Port Jervis, N.Y., on Aug. 17, 2023. Cara Ding/The Epoch Times

ORANGE COUNTY, N.Y.—S&P Global Ratings reaffirmed Orange County’s AA+ bond rating on Aug. 11. The AA+ rating is one rank below the S&P’s top AAA rating.

Bond ratings indicate to investors the stability and safety of an investment. With higher ratings, investors are more likely to invest in county bonds. Orange County has sold $23.6 million in public improvement serial bonds.