County loses bond rating

Whitman County officials were notified last week that Standard & Poor’s Ratings Services suspended its long-term rating on the county’s general obligation bonds and removed the rating from CreditWatch.

County commissioners Monday during their regular meeting discussed the ramifications of the notification and concluded they aren’t really sure how this will affect the county’s financial business.

The rating was suspended because the county didn’t submit paperwork needed to satisfy S&P’s policy.

“I’m concerned about how this affects us. This is a third of the county’s revenue,” said Chairman Art...