John, protecting my home state’s finances is the most significant honor of my life. And I am so proud to share that even through the COVID-19 pandemic, our financial security has remained intact—including our AAA bond rating.
The AAA bond rating is the highest standard of financial trust our state can earn from bond agencies and investors. It is, essentially, the State’s ‘credit score', and I’ve been able to work hard to make sure it is the gold standard in the entire country.
The pandemic was an uncertain time for our state. With several sectors of the economy essentially shut down, we needed steady leadership and strategic planning to handle the unexpected economic downturn. And I am proud to announce that my office was able to do so—maintaining our AAA bond rating during one of the most challenging financial circumstances of our lifetime.
Ratings like this ensure Delaware can access capital for essential projects at the lowest rates. That means we won’t waste your hard earned taxpayer dollars on interest—and we’re keeping our borrowing costs to a minimum.
Treasurer Colleen Davis has earned a reputation as a principled innovative and practical servant, focused on some of the most important issues confronting Delaware; economy, fiscal policy and wellbeing.
Colleen’s personal background and professional experience has allowed her to uniquely understand the challenges faced by people and stakeholders of all backgrounds.
As Treasurer, she has cultivated honest, trusting relationships that allow her to serve as a conduit between Delawareans and policy makers to ensure our financial planning puts people first.
