CLINTON—Moody’s Investors Service announced from New York that they have affirmed the Aa2 General Obligation, or GO, rating of Anderson County and have upgraded Anderson County’s rating by removing the “negative outlook,” officials said.

During bond issuance for rural elementary and rural high school bonds, as well as tax anticipation notes, Moody’s assigned Anderson County an Aa2 “negative outlook” rating in the 2010/2011 budget year, a press release said.

Highlights from Moody’s rating report of July 9, 2015, noted that the company lifted the negative outlook and that “improved financial performance” led to “reserve and liquidity growth,” the release said. [Read more…]