Finance Secretary Rick Geisenberger today announced that the State closed on the sale of $250 million in triple-A-rated general obligation bonds in last week’s bond sale. This was the second bond sale within four months. “New federal tax policy eliminates the State’s ability to ‘advance’ refund its general obligation bonds for savings, so, in November, […]
Delaware earned the highest rating possible from the U.S. Department of Education’s Office of Special Education Programs (OSEP) in its evaluation of the state’s special education services. The top marks come just three years after Delaware had received a “needs intervention” rating, the second-lowest.
Delaware has received a triple-A credit rating from all three major rating agencies – the highest mark a government agency can achieve.
In their review for the state’s upcoming bond sale, Standard & Poor’s Rating Services, Fitch Ratings, and Moody’s Investors Service have all awarded Delaware a triple-A credit rating, the highest rating possible.