Moody’s, Standard & Poors Affirm Atlantic County Bond Ratings

Atlantic County’s top-tier bond ratings have been reaffirmed by Moody’s Investors and Standard & Poor’s Global Ratings based on the county’s strong budgetary performance and financial management policies, and its continued efforts to diversify the economy. The county has maintained these ratings for the past 16 years. According to Moody’s, which assigned an Aa2 rating to Atlantic County’s $33 million general obligation bonds, the county’s economy is diversifying and becoming less dependent on the casino industry. Casinos are no longer the county’s largest employe