Moody’s Moves County Credit Rating from A1 to Aa3 with Stable Outlook
ERIE COUNTY, NY— Erie County’s resurgent credit rating continues to receive positive reviews as shown by the latest rating the county has received from Moody’s, one of four ratings agencies that reviews county bond ratings. This week, Moody’s placed Erie County at an “Aa3” rating with a stable outlook, representing a one-step increase from the A1 rating the county had received from Moody’s in December 2025. This is the first time since 1972 that Moody’s has rated Erie County in the “Aa” category.
“I am pleased to hear that Moody’s has raised our credit rating once again, reaffirming that Erie County is on a strong fiscal path and that our outlook for the future is stable. Keeping a strong credit profile enables the county to borrow at lower rates for infrastructure projects, making them less costly to county residents” said Erie County Executive Mark C. Poloncarz. “My administration has long made a point of improving county credit scores, which were near junk status when I took office, and I thank Moody’s for recognizing our work.”
Erie County Comptroller Kevin Hardwick added, “I am very pleased with this unanticipated yet well-earned ratings upgrade from Moody’s. Over the last four years, my office has worked hard to continue strengthening the County’s financial position by investing appropriately and managing taxpayer funds in a sound manner. Higher credit ratings from these responsible actions mean that Erie County taxpayers are better served with less expense, and that is a good thing for all.”
# # #
