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Yavapai County has announced that Fitch Ratings has upgraded its credit rating from AA to AA+, reflecting the county’s strong financial performance and wise financial management. This upgrade means Fitch’s assessment of Yavapai County’s extremely strong financial profile, low long-term responsibility burden and robust economic outlook.

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“The Fitch rating upgrade to AA+ is a testament to the hard work and dedication of the supervisors, county staff and Yabapai County citizens,” said Maury Thompson, Yabapai County manager. “We examine our commitment to responsible financial management and long-term financial stability. This positive rating will ensure that future projects will ensure more favorable interest rates and ultimately save taxpayer dollars. By doing so, it will benefit the residents.”

Yabapai County’s outlook is due to Fitch’s hopes that long-term debt remains close to current levels, and that demographic and economic indicators can last or improve, supporting an upward rating movement. It’s positive. The upgrade is subject to evidence of long-term debt below current levels, with no significant negative changes in underlying economic and demographic trends.

This upgraded credit rating will enhance access to Yabapai County’s capital markets and further strengthen our ability to invest in critical infrastructure projects, public services and community programs that benefit residents.

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