County Credit Rating

- Maintain financial strength and operational efficiency
About this measure

This indicator provides the County’s most recent credit rating as assigned by Standard & Poor’s and Moody’s. A credit rating is an assessment of the ability of an organization to fulfill their financial commitments. Credit rating data is provided by the Cuyahoga County Office of Budget and Management.

Why is this important?

The County’s credit rating is an independent assessment of the County’s financial health and management. A high credit rating enables the County to issue debt at lower rates, which decreases the cost of borrowing.

How are we making an impact?

The County received the highest rating possible from Standard and Poor’s. To maintain a high credit rating, the County will continue to adhere to the County’s financial policies and best practices.

Reporting Agency

Cuyahoga County Office of Budget and Management 

Comparative Analysis
County Standard & Poor's Moody's
Cuyahoga AA/AAA
Aa2
Allegheny AA- Aa3
Franklin AA+/A-1+ Aaa
Montgomery A+ Aa1
Hamilton A+ Aa2
Hillsborough AA Aaa
Lucas AA Aa2
Marion AA Aaa
Summit AA+ Aa1

Credit Rating

Cuyahoga County Credit Rating

Standard & Poor's Moody's
AA*/AAA**
Aa2
2018 Economic Development Bonds*/ 2017 Sales Tax Revenue Bonds**
Data Source

Cuyahoga County: Office of Budget and Management

Comparative Analysis: Standard & Poor's and Moody's

Measure Data
Period Status S&P - Actual S&P - Target Moody's - Actual Moody's - Target
2016 Not Defined
2017 In Progress AAA Aa2
2018 In Progress AA AAA Aa2 Aaa
2019 Not Defined