The County of Wellington is tops when it comes to operating performance and financial management.
That's according to Credit Agency Standard and Poor's, which once again gave the County a AA+ Credit Rating with a stable outlook.
Wellington County Warden George Bridge says the rating shows that the county itself is well managed and fiscally responsible at balancing needs with resources.
“The county has a very strong economy, anchored by our diverse manufacturing and agricultural sectors,” says Councillor Dennis Lever, chair of the county’s Administration, Finance and Human Resources Committee. “There is a strong focus on attracting smaller-but-high value sectors, like creative and health care professionals.”
The AA+ credit rating will result in lower borrowing costs which will help with future capital projects in and around the County of Wellington.