Annapolis, MD (April 13, 2026) – County Executive Steuart Pittman announced today that Anne Arundel County has once again earned a Triple-A bond rating from all three major credit agencies: Fitch Ratings, Moody’s Ratings, and S&P Global Ratings.
“Since the beginning of my administration, we and our County Council have provided long-overdue investments in education, public safety, infrastructure, and economic opportunity for all. These Triple-A bond ratings are the result of those investments, and the willingness of our residents to pay for them,” said County Executive Steuart Pittman. “I am proud that all three rating agencies continue to acknowledge the success of that work.”
A Triple-A bond rating is the highest rating possible, and this is the fourth consecutive year the county has earned this top-tier rating. Anne Arundel County achieved three Triple-A ratings for the first time in history in 2023, an achievement that is currently shared by only 1.5% of counties nationwide.
“Maintaining the Triple-A rating is the result of the responsible, transparent budgeting practices done in Anne Arundel County,” said County Council Chair Julie Hummer. “These results are a testament to the thoughtful and collaborative planning done between the Council and administration, and our residents are benefitting.”
Each agency reaffirmed its stable outlook for the county and cited growing revenues, conservative budgeting, and long-term planning as the foundation for continued credit strength.
- Fitch Ratings cited the county’s “historically strong operating performance.”
- Moody’s Ratings noted that the stable outlook is supported by “growing revenues and proactive management” and “the county’s diverse economic and employment base” which have remained resilient despite recent changes in federal employment.
- S&P Global Ratings highlighted the county’s “sound financial position, with robust available fund reserves,” and the “conservative budgeting and detailed long-term financial and capital planning.”
The Triple-A bond rating saves taxpayer dollars by allowing Anne Arundel County to borrow at the lowest available interest rate.