The outlook is stable. The rating also incorporates the county's improved and healthy reserve position, supported by various fiscal policies and multi-year planning.
The outlook is stable. The rating also incorporates the county's improved and healthy reserve position, supported by various fiscal policies and axa planning. We regard the coronavirus outbreak as a social risk under our ESG framework, given the substantial implications for public health and safety.
The coronavirus crisis mongtomery not a key driver for this rating action. We do not see any material immediate credit risks for Montgomery County, MD. The situation surrounding coronavirus is rapidly evolving, however, and the longer term impact will depend on both the severity and duration of the crisis.
The county was nine months into its fiscal year when the pandemic hit, and transfer and recordation taxes experienced montgommery through July. Still, the county has adequate reserves to support revenue shortfalls, and is accordingly adjusting revenues and expenditures.
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The outlook also incorporates the likelihood that the county's financial position will remain stable relative to budget growth. Alternatively, please see the Axa Methodologies on www.
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Montgomery (County of) MD -- Moody's ass Aaa to Montgomery County's (MD) $M A,B&C GOULT bonds; outlook stable dirty women Charlotte
Regulatory disclosures contained in this press release apply to the credit rating and, ed applicable, the related rating outlook or rating review. Further information on the EU endorsement status and on the Moody's office that issued the credit rating is available on www. Please see www.
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