North Carolinas AAA bond rating has been reaffirmed by the three major rating agencies.
The AAA rating from Standard & Poors, Moodys Investors Service and Fitch Ratings, the top rating available, keeps the states financing costs low.
The bond rating was announced Tuesday by State Treasurer Janet Cowell.
Cowell, a Democrat, recently met with the rating agencies in New York along with a key member of Republican Gov. Pat McCrorys administration state Budget Director Art Pope and former state controller David McCoy.
Our attention to efficient spending practices, cash flow and low debt continue to prove that the state is financially stable, McCrory said in a release.