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.
The new credit rating allows the county to absorb reductions in state aid without cutting services to residents, the news release said.