Oakland County earns AAA rating from S&P

According to a recent press release, Standard & Poor’s (S&P) has reaffirmed Oakland County, Mich.’s AAA bond rating with a stable outlook, County Executive L. Brooks Patterson announced. This highest credit rating applies to the county’s $3.1 million Building Authority Refunding Bonds, Series 2014. S&P said Oakland County has a “strong economy, which is a major part of the diverse economy of southeastern Michigan and the Detroit metropolitan area” and “very strong management with … [Read more...]