Tag:

Fiscal Health

Suffolk County Sees Bond Rating Kicked Up A Notch Suffolk County Sees Bond Rating Kicked Up A Notch
Suffolk County Sees Bond Rating Kicked Up A Notch Suffolk County’s bond rating is at its highest level in nearly five years, according to S&P Global Ratings. The rating agency this week upgraded Suffolk’s rating from BBB+ to A-, the first time it's been that high since 2017, which credits the county’s commitment to improving the finances both short and long term, they stated. 
“This positive news validates that our fiscally responsible approach to budgeting is working and moving Suffolk County in the right direction,” Suffolk County Executive Steve Bellone said in a statement. “Even as we were forced to confront unexpected crises from…