ST. PAUL, MN – In separate announcements today, two national bond rating agencies – Fitch and Standard and Poor’s – gave the State of Minnesota their highest “AAA” bond ratings, affirming that Minnesota is in prime fiscal health and a safe bet for borrowers. Today’s bond rating announcements follow nearly eight years of sound fiscal management from the Dayton Administration – including difficult budget cuts, the elimination of budget shifts and gimmicks that threatened our fiscal health, the long-term stabilization of the State’s revenues, structural budget balances into the future, and historic savings in Minnesota’s Budget Reserves to protect the State’s finances from future economic downturns.

Read the full press release