The 'AAA' rating on Monmouth County, N.J.'s GO bonds reflects: A diverse and growing economic base, Above-average wealth and income levels, Strong financial position, and A manageable debt burden. Proceeds of the series A bonds will be used to finance various capital improvements in the county. Proceeds of the series B bonds will be used to retire the county's unfunded pension liability under the Public Employees Retirement System. The county is issuing 38% of its total authorization for the series A bonds and 93% against its authorization for the series B bonds. Both series A and B bonds are secured by the full faith and credit of the county. Monmouth County (population: 615,301) is located in central New Jersey and
