Moody's upgrades Macon-Bibb County Consolidated Gov't, GA's GOULT to Aa3 from A1

Macon-Bibb County Consolidated Government, GA: Annual comment onMacon-Bibb CCG - Issuer Comment – 2023/10/05 – US$ 200.00 – ...Economy Resident income ratio Median Household Income (MHI) for the city or county, adjusted for Regional Price Parity (RPP), as a % of the US MHI MHI: US Census Bureau - American Community Survey 5-Year Estimates RPP: US Bureau of Economic Analysis Full value Estimated market value of taxable property in the city or county State repositories; audited financial statements; continuing disclosures Population Population of the city or county US Census Bureau - American Community Survey 5-Year Estimates Full value per capita Full value / population Economic growth metric Five year CAGR of real GDP for Metropolitan Statistical Area or county minus the five-year CAGR of real GDP for the US Real GDP: US Bureau of Economic Analysis Financial performance Revenue Sum of revenue from total governmental funds, operating and non- operating revenue from total business-type activities, and non- operating revenue from internal services funds, excluding transfers and one-time revenue, e.g., bond proceeds...

Moody's affirms Macon-Bibb County Consolidated Gov't, GA's Aa3 issuer and GO ratings; outlook stable - Rating Action – 2023/03/24 – US$ 180.00 – ...MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS, AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS AND IT WOULD BE RECKLESS AND INAPPROPRIATE FOR RETAIL INVESTORS TO USE MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS OR PUBLICATIONS WHEN MAKING AN INVESTMENT DECISION. IF IN DOUBT YOU SHOULD CONTACT YOUR FINANCIAL OR OTHER PROFESSIONAL ADVISER. ALL INFORMATION CONTAINED HEREIN IS PROTECTED BY LAW, INCLUDING BUT NOT LIMITED TO, COPYRIGHT LAW, AND NONE OF SUCH INFORMATION MAY BE COPIED OR OTHERWISE REPRODUCED, REPACKAGED, FURTHER TRANSMITTED, TRANSFERRED, DISSEMINATED, REDISTRIBUTED OR RESOLD, OR STORED FOR SUBSEQUENT USE FOR ANY SUCH PURPOSE, IN WHOLE OR IN PART, IN ANY FORM OR MANNER OR BY ANY MEANS WHATSOEVER, BY ANY PERSON WITHOUT MOODY'S PRIOR WRITTEN CONSENT. MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY ANY PERSON AS A BENCHMARK AS THAT TERM IS DEFINED FOR REGULATORY PURPOSES AND MUST NOT BE USED IN ANY WAY THAT...

Macon-Bibb County Consolidated Gov't, GA: Update to credit analysis following upgrade to Aa3 - Credit Opinion – 2022/05/20 – US$ 250.00 – ...Macon-Bibb County Consolidated Gov't, GA's (Aa3 stable) large and stable tax base benefits from its position as a regional economic and employment hub, as well as the presence of several institutional employers. Resident income and wealth remain below average, partially due to a notable student population within the county. The financial position is healthy and has improved significantly from its prior narrow position, driven by implementation of conservative fiscal practices. The county's total leverage is above average, driven by sizable pension liabilities, yet fixed costs are manageable....

Macon-Bibb County Consolidated Government, GA: Annual Comment on Macon-Bibb CCG - Issuer Comment – 2021/06/16 – US$ 200.00 – ... data sources; Offering statements; Moody's Investors Service EXHIBIT 4...

Macon-Bibb County Consolidated Government, GA: Annual Comment on Macon-Bibb CCG - Issuer Comment – 2020/05/01 – US$ 200.00 – ... data sources; Offering statements; Moody's Investors Service EXHIBIT 4...

Macon-Bibb County Consolidated Gov't, GA: Update to credit analysis - Credit Opinion – 2019/10/21 – US$ 250.00 – ...Macon-BIbb County, GA (A1 stable) benefits from its position as a regional economic center and the presence of several institutional employers. The county's financial position has declined since consolidation in 2014, resulting in a very limited reserve position in fiscal 2018. Positively, unaudited results project a sizable surplus in fiscal 2019, although reserves will remain well below medians for the rating category. The county's long-term liabilities are moderate and fixed costs are manageable. However, the county opted to use assets in its OPEB trust fund in fiscal 2017-2019 to cover retiree benefits and the fund is now depleted....

Moody's assigns A1 to Macon-Bibb County Consolidated Gov't, GA's $20.8M Revenue Bonds, Ser. 2019 A&B; outlook stable - Rating Action – 2019/10/18 – US$ 180.00 – ...MOODY'S CREDIT RATINGS AND MOODY'S PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS AND IT WOULD BE RECKLESS AND INAPPROPRIATE FOR RETAIL INVESTORS TO USE MOODY'S CREDIT RATINGS OR MOODY'S PUBLICATIONS WHEN MAKING AN INVESTMENT DECISION. IF IN DOUBT YOU SHOULD CONTACT YOUR FINANCIAL OR OTHER PROFESSIONAL ADVISER. ALL INFORMATION CONTAINED HEREIN IS PROTECTED BY LAW, INCLUDING BUT NOT LIMITED TO, COPYRIGHT LAW, AND NONE OF SUCH INFORMATION MAY BE COPIED OR OTHERWISE REPRODUCED, REPACKAGED, FURTHER TRANSMITTED, TRANSFERRED, DISSEMINATED, REDISTRIBUTED OR RESOLD, OR STORED FOR SUBSEQUENT USE FOR ANY SUCH PURPOSE, IN WHOLE OR IN PART, IN ANY FORM OR MANNER OR BY ANY MEANS WHATSOEVER, BY ANY PERSON WITHOUT MOODY'S PRIOR WRITTEN CONSENT. CREDIT RATINGS AND MOODY'S PUBLICATIONS ARE NOT INTENDED FOR USE BY ANY PERSON AS A BENCHMARK AS THAT TERM IS DEFINED FOR REGULATORY PURPOSES AND MUST NOT BE USED IN ANY WAY THAT COULD RESULT IN THEM BEING CONSIDERED A BENCHMARK. All information contained...

Macon-Bibb County Consolidated Gov't, GA: Update following downgrade to A1 - Credit Opinion – 2018/03/29 – US$ 250.00 – ...The Macon-Bibb County Consolidated Government, GA (A1 stable) has been challenged in recent years to match revenues and expenditures following the consolidation of Bibb County and the City of Macon in 2014, which has lead to multiple years of operating deficits and a very narrow reserve position in fiscal 2017. Positively, the county's tax base is large and serves as an economic center for the region, gaining stability from several universities and hospitals, as well as a growing manufacturing presence. Resident income and wealth levels remain low however. Fixed costs are currently manageable, but the county's decision to rely on OPEB trust assets to fund current expenses in fiscal 2017 and 2018 is indicative of ongoing budgetary pressures. On March 29, we downgraded the county's general obligation rating to A1 from Aa2. We also downgraded the outstanding former City of Macon debt to A2 from Aa3. The outlook has been revised to stable from negative....