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MCCC Bond Rating Lowered

Moody’s Investor Service has lowered its bond rating for Montgomery County Community College.

The Wall Street rating firm cites falling enrollments and a drop in state and county funding.

The downgrade from Aa2 to Aa3 means the college will probably have to pay higher interest rates on future debt.  It plans to borrow an additional $34 million in the next year.

After several years of growth, full-time equivalent student enrollment declined by more than two percent in the fall of 2011 and nearly six percent last fall.

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Montco. Schedules Electronic Collection Spring and summer signal the seasons where you can unload those things that are taking up space in your home. many items, including electronics, are not picked up by trash collection. Montgomery County will host an electronics collection.
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