Olmsted County celebrates Aaa credit rating, saving taxpayer money

ROCHESTER, Minn. — Olmsted County has maintained its Aaa credit rating from Moody’s Investors Service. County officials say this rating helps lower borrowing costs, translating into savings for taxpayers. "This reaffirmation of our Aaa credit rating reflects our principled stewardship of public resources and our commitment to long-term financial sustainability," said Olmsted County Chief Financial Officer Wilfredo Román Cátala. He emphasized that this enables the county to secure lower borrowing costs, benefiting taxpayers. Moody’s explained its rating by highlighting Olmsted County’s strong financial position, a growing local economy, and a history of prudent budget management as key strengths. "Earning the highest possible rating once again is a testament to the i