Maintain GO Bond Rating

Johnson County Go Bond Rating

ANNUAL REVIEW

Credit Rating assigned to general obligation bonds as established by Credit Rating agencies.
The objective of the rating agency is to assign a bond a credit rating to make it faster for market participants to evaluate risk and make load decisions easier for lenders. (Similar to an individual credit score. ) A credit rating performs the same service for institutional borrowers and investors. A bond’s credit rating is the rating agency’s opinion as to the creditworthiness of the bond’s issuer.