The 'A+' rating on Washington County, Md.'s public improvement bonds is based on the full faith and credit pledge of the county and reflects: Steady tax base growth, Sound finances and reserve levels, and A moderate debt burden. Tempering factors include the ongoing state-mandated requirement for general fund support of the county's water and sewer utility. The rural county is in western Maryland, bordering Pennsylvania and West Virginia. According to 2000 Census results, the county's population reached about 128,300. The local economy is stable and exhibits employment growth along existing employment sectors. Jobs newly created in 2000 were in retail services, distribution, and manufacturing. Residents have employment access to a diverse array of jobs in neighboring Frederick County, where Fort