Syracuse, N.Y. - Onondaga County getting some good news today.
The county's high bond rating has been affirmed by two top rating agencies. S&P Global Ratings assigned its ‘AA’ rating and Moody's has given the county an "Aa3" rating. Both ratings came with a stable outlook for the county.
The AA rating means that bonds sold by Onondaga County are considered high quality and very low credit risk.
County Executive Ryan McMahon said, “The COVID-19 pandemic tested us in many ways, including fiscally. Tough decisions were made, but now our community is emerging stronger than ever as we work towards our recovery"