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Key Highlights
Fitch reaffirms Idaho’s AAA credit rating citing strong reserves
State shows 27.7% growth from 2010 to 2024 vs. 10.2% national average
Economic diversification strengthens Idaho’s financial position
Fitch notes potential risks from budget mismanagement
Idaho’s credit rating remains in good standing as its issuer cited the state’s spending and reserves.
Fitch Ratings reaffirmed the state’s AAA Issuer Default Rating last week, noting that Idaho had “broad powers over spending and revenues, strong reserve levels, low long-term liability burden and expected long-term economic growth ,” a statement from the state treasurer’s office read.
“Achieving a triple A credit rating once again is a testament to Idaho’s strong financial management and unw