WEST CHESTER, (11/17/09)- Chester County government, under decades of Republican leadership, received three AAA bond ratings this past week from prestigious, internationally recognized companies. "The AAA bond ratings will mean county tax payers will save millions of hard-earned tax dollars," said County Republican Chair Skip Brion. The bond ratings were received from Standard and Poor's, Fitch Ratings, and Moody's. "The (ratings) place Chester County in a league of its own in Pennsylvania, and only one of 24 counties across the country," said Commissioner Terence Farrell.
The county expects the bond ratings will result in millions of dollars of savings in the coming years. Earlier this year, the county saved $10 million on the sale of general obligation bonds with only the Moody's Aaa rating.
"Chester County's government is in good hands with Republican leadership," concluded Chairman Brion. "In these challenging economic times, the GOP has well served the voters and citizens of the county."
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