Henrico is nearing the sale of nearly $90 million in bonds to help finance school buildings, an animal adoption center and several other projects. County officials said it would be selling those bonds as the third local government in the country to achieve a “quad AAA” bond rating.

“Now, I’ll be the first to say that a quadruple AAA bond rating doesn’t exactly roll off the tongue,” said Henrico Board Chair Dan Schmitt. “It may not get everybody’s pulse racing, but when you’re talking about bond ratings, it has real-world impacts for our residents and our businesses.”

Henrico has long held a AAA bond rating, the highest possible credit rating for a government’s general obligation bonds. That comes from earning a AAA rating from three major credit rating agencies — Moody’s, S&P Global Rati

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