strong and transparent fiscal policies, and budgetary reserves that provide the foundation for an economy that has benefited from recent economic development investments, according to the news release. Just 14 states have top marks from the trio of major credit-rating agencies, which include S&P Global Ratings, Moody’s Investors Service, and Fitch Ratings.
Indiana has held an AAA rating from all three since 2010. Its most recent ratings came in September 2024, this April and in June.
The trio lauded the Hoosier State for active budget management, low debt, strong and transparent fiscal policies, and budgetary reserves that provide the foundation for an economy that has benefited from recent economic development investments, according to the news release.
“The AAA rating is the gold standard and allows Indiana to borrow at lower interest rates,” said Indiana Secretary of Management and Budget Lisa Hershman.
“That saves taxpayer dollars and strengthens the state’s ability to invest in infrastructure, education, and public services,” she added. “It also strengthens Indiana’s competitive edge in attracting new business and expanding economic opportunity statewide.”
To learn more about Indiana’s credit ratings, visit the Indiana Finance Authority’s Credit Ratings webpage.
Click Here To Read Full Story
