MARQUETTE COUNTY BOND RATINGS (MOODY'S)
   2007 2008 2009 2010 2011 2012 2013 2014  2015
   Baa2 A3 A3 A1 A1 A1  A1 A1 A1
  MICHIGAN BOND RATINGS (MOODY'S)
  2007 2008 2009 2010 2011 2012  2013 2014 2015
   Aa3 Aa3 Aa3 Aa2 Aa2 Aa2  Aa2 Aa1 Aa1
    Interpreting Moody's Credit Rating Options:      
  Aaa Minimal credit risk, highest quality rating          
  Aa1 Very low credit risk, high quality rating            
  A Low credit risk - upper-medium grade rating             
  Baa Moderate credit risk, may possess speculative characteristics              
  Ba Substantial credit risk, speculative elements               
  Caa Very high credit risk, poor standing            
  C Little prospect for recovery of principal or interest, typically in default              
  MARQUETTE COUNTY BOND RATINGS (STANDARD & POOR'S)
   2007 2008 2009 2010 2011 2012 2013   2014 2015
   BBB+ BBB+ AA- AA- AA- AA- AA-  AA-  AA-
  MICHIGAN BOND RATINGS (STANDARD & POOR'S)
   2007 2008 2009 2010 2011 2012 2013  2014 2015
   AA AA- AA- AA- AA- AA-  AA- AA- AA-
  Interpreting Standard & Poor's Credit Rating  Options:      
  AAA Extremely strong capacity to meet financial commitments, highest rating             
  AA Very strong capacity to meet financial commitments              
  A Strong capacity to meet financial commitments but somewhat susceptible to adverse economic conditions and changes in circumstances               
  BBB Adequate  capacity to meet financial commitments but more subject to adverse economic conditions               

Marquette County Source: Marquette County Finance Department
Michigan's data source is Moody's Investor Service, Annual Reports

Explanation of Indicator:
Marquette County's bond rating is a measure of its financial reputation.  A good bond rating enables a county to borrow money at the most competitive rates available, thereby saving taxpayer dollars through lower interest payments.  Currently the County has no outstanding bond debt.

Notes: 
In some cases, County-level data are not available from the same data source used by the State.   In other cases, County-level data are not available for the same time frame used by the State.  In these instances, data sources and time frames were selected that most closely match those of the State. Due to this difference, it must be noted that comparisons may not completely be equivalent in all cases.

 Updated: 11/15/2016