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Bernalillo County Earns Triple-A Bond Ratings

06/19/2018

Bernalillo County has again kept its triple-A ratings on its general obligation bonds, the highest possible given by Moody’s, Fitch and Standard and Poor’s, the nation’s top three credit rating agencies.

Bond ratings are critical because a higher rating means lower interest rates for the county when selling bonds to finance voter-approved projects.

“Bernalillo County is the economic engine for the State of New Mexico,” Bernalillo County Commission Chair Steven Michael Quezada says. “The AAA rating is a direct result of the county’s ability to run a more efficient government operation.”

In July, the county is planning to sell a voter-approved $16 million general obligation bond package from the 2016 election. Proceeds from the bonds will finance improvements to the county's libraries, public safety facilities, parks and recreation facilities, transportation projects, and storm drainage and utilities.

“Infrastructure and services for our community benefit when Bernalillo County has proactive financial management and prudent budgeting,” County Manager Julie Morgas Baca says. “I thank Deputy County Manager Shirley Ragin and the county’s Finance Division for their committed efforts to earn these ratings year after year.”

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  • Experience life along El Camino Real at this festive event. Activities include living history re-enactments, demos, local artists, kids activities and more. Free from Bernalillo County Open Space.
    Location:
    Gutierrez-Hubbell House, 6029 Isleta Blvd SW, Albuquerque, NM 87105
    Time:
    10/21/2018 10:00 AM - 10/21/2018 4:00 PM

  • Join us every Sunday from noon to 5 p.m. for Fall Family Fun Days. This free, family-fun activity features themed and educational weekly crafts and experiments. Check the flier for specific monthly themes.
    Location:
    Bachechi Open Space, 9521 Rio Grande Blvd. NW
    Time:
    10/21/2018 12:00 PM - 10/21/2018 5:00 PM

  • The Bernalillo County Office of Senior and Social Services and the City of Albuquerque Department of Senior Affairs invites seniors aged 60+ to come to the Rio Bravo Senior Center Sewing Club. There is no fee and materials are provided! For more info contact Josephine Griego at (505) 873-6647.
    Location:
    Rio Bravo Senior Meal Sit, 3910 Isleta Blvd. SW
    Time:
    10/22/2018 9:00 AM - 10/22/2018 11:00 AM

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