WILL COUNTY TREASURER STEVE WEBER
What a US Default or Credit Downgrade Means for Will County
Discussion and Recommendations
Steven P. Weber, CPA 7/25/2011
Because Will County is one of the area’s largest government investors, how will a credit rating downgrade of the United States affect the county’s investment portfolio with respect to the Illinois Public Funds Investment Act? This document discusses this issue, the impact on the county’s credit rating under the Sovereign Ceiling Rule, and offers advice of defensive portfolio strategy.