Skip Ribbon Commands
Skip to main content

Apply Conservative Debt Management Practices to Maintain the State's AAA Bond Rating

Overview
A triple-A bond rating indicates that North Carolina has followed well-defined financial management policies and demonstrated strong debt management practices.  North Carolina remains one of the only ten states to enjoy top-tier rankings from all three of the rating agencies (Standard and Poor's, Moody's Investors Service, and Fitch Ratings.)

Objectives

  • Maintain State Debt Affordability Percentage of 5%
  • Increase knowledge and comprehension of General Assembly, local leaders, and other stakeholders on debt capacity guidelines and best practices
  • Secure adequate resources (personnel and technology) to ensure effective debt management
  • Enable state and local units to optimize financial decision-making