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The original item was published from 1/7/2021 12:49:24 PM to 2/8/2021 12:00:01 AM.

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Posted on: January 7, 2021

[ARCHIVED] Press Release: Rowan County Maintains AA+ Bond Rating

FOR IMMEDIATE RELEASE

January 7, 2021
Rowan County, North Carolina

Rowan County maintains AA+ Bond Rating

$5.9 million general obligation (GO) bonds AA+
Long Term Issuer Default Rating (IDR) AA+

This assessment shows Rowan County’s commitment to control long term debt liability, conservative financial management and the County’s focus on building a strong workforce and economic growth through business attraction and expansion.

Chairman Greg Edds stated, “The Rowan County Finance Department continues to demonstrate excellence. Former Finance Officer Leslie Heidrick and current Finance Officer James Howden, have successfully continued to assist Rowan County in maintaining fiscal responsibility.”

County Manager Aaron Church stated, “The Rowan County Commissioners strive to make fiscally judicious decisions while managing tax dollars. Their conservative approach to spending continues to maintain these exemplary ratings from Fitch Ratings.”

Finance Director James Howden stated, “This is great news for Rowan County. Keeping our Fitch AA+ rating during this pandemic is a testament to the great leadership of County provided by the Board of Commissioners. It also shows the great work, dedication and commitment of the entire Finance Department. “

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For questions contact: Aaron Church, 704-216-8185

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