Hamilton County has secured the highest possible credit rating from Standard & Poor’s (S&P) Global Ratings, with a ‘AAA’ long-term rating assigned to its upcoming $36 million Series 2025 ad valorem property tax lease rental bonds. S&P also reaffirmed the county’s ‘AAA’ rating on its existing general obligation and lease debt, maintaining a stable financial outlook.

The bond proceeds will fund the construction of a state-of-the-art public safety training facility for local police and fire departments. The center will feature classroom space, a four-story fire training burn tower, a SWAT training area, an outdoor firing range, and an EMA training area. Officials anticipate breaking ground on the project later this year.

“We are proud to be able to fund this important public safety project with low-cost borrowing,” said Steve Dillinger, president of the Hamilton County Commissioners. “Our strong rating and stable outlook will allow us to finance essential projects, like the new training center, without placing additional burden on the taxpayer.”

S&P’s report highlighted Hamilton County’s “robust tax-base growth” and “strong budgetary management practices.” It also recognized the county’s status as one of Indiana’s wealthiest, emphasizing its ability to manage debt levels effectively.

“We are thrilled to receive the ‘AAA’ rating,” said Sue Maki, president of the Hamilton County Council. “It underscores our county’s sound fiscal management, strong economic growth, and future financial stability.”