Wednesday, February 10, 2010

Howard County Bonds

Wordbones has a post on Howard County municipal bonds getting a AAA rating. This clearly speaks well for the stewardship of Executive Ulman, but I also wonder what may happen if the rainy day fund was tapped and whether using those funds has been delayed due to the rating. I know, I know, this may be foil hat material, but I have heard from some that they expect the fund to be tapped sometime in 2010.

And let's not forget that the ratings are not given the same prestige as they once carried.


  1. I just addressed the rating and rainy day fund link over on Wordbones's blog, but the short answer is there should be no effect.

  2. Where is everyone? I would think the internet would be heavily trafficked in this weather.

  3. I can tell you that on my end, there is not much to link to. It is nothing but snow news.