Richland County's credit rating has been boosted to AA+ by Standard & Poor's rating service.
The higher rating allows the county to borrow money more easily and at a lower interest rate.
The county, which previously had been rated AA, earned the higher rating based on historically strong and stable revenues; increased reserves; bolstering policies on savings; and maintaining a modest debt level, according to a news release from Richland County.
The highest rating possible is AAA.
Never miss a local story.
The new credit rating allows the county to absorb reductions in state aid without cutting services to residents, the news release said.