Another credit agency has upped its rating of Erie County.

Moody’s Investors Service upgraded the county’s rating from Baa3 to Baa2 and the outlook from “negative” to “stable.” In mid-July, Standard & Poor’s upgraded the county from BBB to BBB+ with a stable outlook.

As a result, Comptroller Mark C. Poloncarz will seek a new round of offers from underwriters willing to handle Erie County’s sale of a one-year bond anticipation note — a way to borrow money for public improvement projects.

Poloncarz does not want the state-appointed control board to take over as Erie County’s borrowing agent and would like to show that with the better credit rating, he can secure the one-year loan as cheaply as the control board can.

On Friday, he gave the control board his first round of underwriter’s offers but said he will now seek new quotes.

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