Greater Franklin County Chamber Of Commerce

Fitch Ratings upgraded Franklin County December 19, 2016 from 'AA' to 'AA+' on its outstanding general obligation (GO) bonds. The Fitch credit rating system has 10 levels of credit ranking. The 'AA+' rating is only one level from the top of its credit rating system. The upgrade reflects the county's stable economic base. The higher rating (AA+) will ultimately translate to lower interest rates on any new debt the County incurs when compared to the lower (AA) ranking. Better ratings mean lower interest costs for taxpayers.