Charleston County Receives a National Award for Excellent Financial Management

by John
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Charleston County Receives a National Award for Excellent Financial Management

Charleston County, South Carolina, continues to excel in financial management with its latest national recognitions. These awards highlight decades of consistent transparency and fiscal responsibility.

Key Financial Awards

The county earned the Government Finance Officers Association (GFOA) Triple Crown, including the Certificate of Achievement for Excellence in Financial Reporting for 37 consecutive years, the Distinguished Budget Presentation Award for 36 years in a row, and the Popular Annual Financial Reporting Award for 6 years running. This streak underscores a commitment to clear, accurate public reporting that builds taxpayer trust.

Bond Rating Strength

Charleston County maintains a AAA bond rating—the highest possible—from Moody’s, S&P Global, and Fitch Ratings. This elite status, held for years, signals strong creditworthiness and enables lower borrowing costs for infrastructure like roads and transit.

Local Impact

These honors reflect prudent budgeting amid challenges like post-pandemic recovery and rising costs, supporting services from affordable housing to greenbelt projects without tax hikes. For residents, it means reliable funding for Lowcountry priorities like drainage and employee investments.

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