Salt Lake County Earns Top Scores from Credit Ratings Agencies

Salt Lake County, UT — Moody’s Investors Service and S&P Global Ratings have once again reaffirmed Salt Lake County’s credit rating of AAA on its outstanding general obligation bonds. This rating keeps the county in the top one percent of counties nationwide in terms of creditworthiness. In addition, S&P assigned its highest rating of AAA to the County’s pending sales tax bonds scheduled to be sold later this month. 

The ratings reflect Salt Lake County’s diverse and growing economy, conservative fiscal management, and strong reserves. Both agencies highlighted the County’s disciplined long-term planning and balanced operations.  

These top ratings are good news for residents because they allow Salt Lake County to borrow at the lowest possible cost, stretching taxpayer dollars further. 

“Maintaining the highest possible credit ratings from both Moody’s and S&P is an extraordinary accomplishment,” said Salt Lake County Mayor Jenny Wilson. “It shows that even with growth, challenges, and rising demands, we continue to manage carefully and responsibly. Our strong ratings ensure that we can keep investing in housing, public safety, and community services while protecting taxpayer resources. 

Council Chair Dea Theodore added: “These ratings are a direct result of leaders working together to safeguard taxpayer dollars. We’re committed to making smart, sustainable investments that strengthen our community today and for the future.”