In a report dated Jan. 25, 2023, Moody’s assigned its highest rating to Collier County, Florida’s Special Obligation Revenue Bonds.
The upgrade reflects the change in the analytical considerations related to instrument-specific considerations in the new US Cities and Counties Methodology, which differs from those in prior methodologies. The upgrade places the non-ad valorem debt (Special Obligation Bonds) at the same level as the respective issuer rating.
The Clerk and Comptroller‘s Staff, Board of County Commissioners, County Administration and Collier County’s Office of Management and Budget, and Bond Counsel worked diligently to secure the best possible ratings for our county and our citizens.
– Crystal K. Kinzel, Clerk of the Circuit Court and Comptroller
