Bernalillo County Receives Triple A Bond Ratings from Moody’s, Fitch and Standard and Poor’s

03/04/2021

Bernalillo County has kept its triple A bond rating with the three major rating companies in the country, Moody’s, Fitch and Standard and Poor’s.

Bond ratings are critical to government agencies.  The higher bond rating means the county receives lower interest rates when selling bonds to finance voter-approved projects.

“These top ratings show Bernalillo County has worked hard to maintain a solid financial foundation with healthy reserves,” says Bernalillo County Manager Julie Morgas Baca. “In turn, bond investors should feel confident and residents will see improvements through capital projects that will improve services and quality of life.”

Bernalillo County was cited as having an ample monetary reserve position and an established pension reserve.  Additionally, the county has a very strong liquidity profile that’s attributed to the investment policy being transparent and a conservative approach to investments that provides stability to the liquidity profile.

On March 17 the county is preparing to sell $27.35 million in general obligation bonds and refinance the 2012A general obligation bond series.

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      4/14/2021 9:00 AM

    • Please join District 3 Commissioner Adriann Barboa for Sunset Chisme with Adriann on Thursday, April 15 at 5:30 p.m. For this Sunset Chisme, Commissioner Barboa will be celebrating our beautiful planet! Earth Day is April 22. All month long, activities are being organized to honor and protect our Earth. We will be joined by local Environmental Justice leaders, water conservation experts, and also get the scoop on the Kirtland Air Force Base jet fuel cleanup and how to engage in their upcoming virtual Open House. Click the attached Zoom link to RSVP to this virtual event. Since we still need to protect our elders and keep our families safe from COVID-19, Sunset Chisme's will continue to be virtual on Zoom. As soon as we can share space safely with each other, Commissioner Barboa will start hosting these get-togethers at different community centers and parks around our neighborhoods.
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      4/15/2021 5:30 PM

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