Opinion: Moody’s reaffirms Idaho’s strong credit rating

Moody’s Ratings, one of the major global credit review companies, has reaffirmed its highest credit rating for Idaho while saying the state’s credit “outlook remains stable.” This good fiscal news is a reflection of Idaho’s sound fiscal management and helps save money for taxpayers by keeping government borrowing costs low with favorable terms.

According to Moody’s Oct. 9 update: “Idaho’s Aaa issuer rating reflects its strong credit position supported by continued higher than average economic and demographic growth, healthy and stable finances, and low leverage and fixed costs.”