Cobb County has maintained its triple AAA rating for our General Obligation (G.O.) bonds since 1997. We are one of approximately 20 counties nationwide to achieve this status placing Cobb in the top 1% of counties nationwide.

Additionally, in 2001 the Cobb County Water System became the first county in the U.S. to earn the triple AAA rating for an unenhanced water and sewer system. These outstanding ratings assure us that if and when we go to the bond market, we will get the lowest competitive interest rate available, which translates to substantial interest cost savings over the life of the bonds.

It is an award presented by the Government Finance Officers Association of the United States and Canada to government entities whose Annual Comprehensive Financial Report (ACFR) achieves the highest standards in government accounting and financial reporting. Cobb County has received this award for 28 consecutive years.

The Annual Comprehensive Financial Report must be submitted for review to the Government Finance Officers Association (GFOA) no later than six months after the government’s fiscal year end. Thus, it is usually available to the public each March.

A complete copy of the Annual Comprehensive Financial Report is available online. You can visit the ACFR page to get a list of the most recent ACFR documents.